DASH/ USDT pair breaks psychological support at USDT10 and declined till USDT9.94 yesterday (Poloniex). It is currently trading around USDT10.23 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT11.27

Kijun-Sen level: USDT11.46

Trend reversal level - (100 day MA) – USDT11.09

Long-term trend remains to be bearish. The pair jumped till USDT10.49 but its upside is capped by 23.6% retracement of USDT12.40 and USDT9.94. Any slight jump can be seen only above that level.

Major resistance is around USDT10.52 (23.6% retracement of USDT12.40 and USDT9.94) and any break above targets USDT10.89 (5- day MA)/USDT11.12 (100- day MA). Short-term support is seen at USDT10.11 (1.27% retracement of USDT12.40 and USDT10.329) and any break below targets USDT9.20 (200- day MA).