Category: Dash

DASH Technical Analysis for 04/03/2016 – Sideways Chop Between Pivot Levels

The 0.0159 pivot zone – which I wrote about in my last DASH technical analysis – is continuing to influencing market dynamics. Since breaking above 0.0159 on the 25th of March, the market has used the 0.0159 level as support about three times. This level has been respected by the market since February of last year, so a break under 0.0159 would most likely signal the beginning of a bear …
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DASH Technical Analysis for 03/24/2016 – Mounting Pressure Against Big Resistance at 0.0159

Dash has been in a bull market since the beginning of this month, but price has been unable to surmount the big resistance at 0.0159. This area has prevented the market from breaking-out about four times since the 16th, when price first bumped into 0.0159. Why is the market having such a hard time breaking above 0.0159? Well, the entire range between 0.015-0.016, is one giant pivot zone that goes …
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DASH Technical Analysis for 03/14/2016 – Major Resistance at 0.014

Since breaking above the 0.012 pivot on the 10th of March, the 0.0128 price level has become a prominent technical zone. The 30-minute charts shows that since the 10th, 0.0128 has been used as resistance a total of five times. When the market finally broke above 0.0128 on the 12th, this level started to act as support. If the market slips underneath 0.0128 again, this area will probably turn into …
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DASH Technical Analysis for 03/10/2016 – Price Breaks Above Important Resistance Level

The 0.0114 level has become fairly important in the last four days. Since the 6th of March, the market attempted to break above this level about six times. On the 6th, this level also acted twice as support. The market finally broke above this level today and the 0.0114 pivot will probably now turn into support. DASH is now trading around 1.24, which happens to be above the 0.012 pivot …
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