12:42 PM · 10 April 2020

Technical alert: DASH

Majority of the stock markets are shut for trading today and volatility on the FX market is low.. However, the same cannot be said about cryptocurrencies. Situation on BTC and LTC was presented in previous analysis and now let's take a look at DASH. The coin drops 11% today. The price pulled back from the key resistance area marked with previous price reactions and the upper limit of Overbalance structure. As long as the price sits below, the continuation of declines looks to be the base case scenario.

DASH D1 interval. Source: xStation5

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