DASH/USDT is seen trading below on Thursday. The pair has broken minor support at USDT 8.68 and declined slightly from that level (Poloniex). It is currently trading around USDT8.74 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT8.73

Kijun-Sen level: USDT9.37

Trend reversal level - (100 days MA) – USDT10.73

Long-term trend remains to be bearish. DASH/USDT has shown a slight jump till daily Kijun-Sen but not able to close above that level. Any close above confirms minor bullishness.

Major resistance is seen at USDT8.80 (10- day MA) and any break above targets 9.37 (daily kijun-Sen)/USDT9.73 (200- day MA). Short-term support can be noticed at USDT8 (Oct 29th low) and any break below targets USDT6.70 (7th Jul low).