jonchan

Important month for Dash

BITTREX:DASHBTC   Dash / Bitcoin
Dash is close to testing the support zone I marked between the two green price levels, .05028 and .04965. If it cannot hold, then we would test the 56 SMA (Blue) area of ~.0487. If THAT cannot hold, then we may see a decline all the way to the bottom of the trend line.
If I was looking to exit my position out of Dash, it would either be selling after a break of support (stop-loss), or as we approach major resistant levels (determined by previous support/resistance). The levels are all displayed on the Daily Chart.
Penafian

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