DASH/USDT pair is trading in narrow range between USDT12.71 and USDT10.70 for the past four trading session (Poloniex). It is currently trading around USDT12.51 at the time of writing.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: USDT11.89

Kijun-Sen level: USDT13

Trend reversal level - (89 day EMA) – USDT10.60

Long- term trend remains to be bullish. DASH/USDT faces strong resistance at daily Kijun-Sen and any break above confirms minor bullishness.

Major resistance is around USDT13 (daily Kijun-sen) and any break above targets USDT14.52 (61.8%  retracement of USDT16.94 and USDT10.63)/USDT16.60 (Jan 1st 2017 high). Short-term support is seen at USDT11.89 (daily Tenken-Sen) and any break below will drag the pair down till USDT11.54 (30- day EMA)/USDT10.38 (200- day MA).