DASH/BTC Technical Analysis

27-JUNE-17

PRICE

Above Moving Averages (EMA10/MA20): In Bullish State

MOVING AVERAGES

EMA10/MA20: In Bullish Orientation

MACD

MACD & Signal Lines: In Bullish Region

FIBONNACI RETRACEMENT

The 50% Retracement Level was respected twice.

CANDLESTICKS

The last 2 candles (a hammer followed by a green candle) indicate a good reversal.

CONCLUSION

It will experience resistance up to 0.072 and may go sideways if not broken. Once a breakout is triggered, you'll see a good rally up to 0.08 (next resistance).

POLONIEX