DASH/USDT pair broken major resistance at USDT15 level and jumped till USDT15.69 levels (Poloniex). It is currently trading around USDT15.37 at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level: USDT…
DASH/USDT pair broken major resistance at USDT15 level and jumped till USDT15.69 levels (Poloniex). It is currently trading around USDT15.37 at the time of writing.
Ichimoku analysis (Daily chart):
Tenkan-Sen level: USDT12.98
Kijun-Sen level: USDT13.22
Trend reversal level - (89 days EMA) – USDT10.89
Long- term trend remains to be bullish. DASH/USDT trade well above USDT15 and a jump till USDT16.95 is possible.
Major resistance is around USDT16.06 (161.8% retracement of USDT15.69 and USDT15.09) and any break above targets USDT16.60 (Jan 1st, 2017 high)/USDT16.94 (Jan 4th high). Short term support is seen at USDT14.50 (23.6% retracement of USDT10.63 and USDT15.69) and any break below will drag the pair down till USDT13.22 (daily Kijun-Sen) /USDT12.92 (10- day MA)/USDT12.15 (30- day EMA).
