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DASH/USD short opportunity

KRAKEN:DASHUSD   DASH / USD
DASH/USD is extending weakness below 200-DMA             , bias lower.
Technical studies are highly bearish . 5 and 20 DMA are sharply lower. Bollinger bands are widening.
Stochs and RSI show bearish momentum and MACD is deeply in negative territory. We see -ve DMI dominance and ADX supports trend lower.
Price action has broken 78.6% Fibo and 200-DMA             , is on track to test 88.6% Fibo at 408 levels.
On the flipside, retrace and close above 20-DMA             (currently at 732) invalidates bearish bias.

Support levels - 430 (Feb 2 low), 408 (88.6% Fib retrace of 252 to 1625 rally), 310 (Nov 12 lows)
Resistance levels - 546 (78.6% Fib retrace of 252 to 1625 rally), 575 (5-DMA), 732 ( 20-DMA             )

Watch out for close below 200-DMA             for weakness. Place stops at 650, target 430/ 408/ 310.
Comment: Price breaks below 400 mark. TP1/2 hit.
Next targets 310/ 252.
Dash was once higher than ETH, why is it so weak lately, some news?
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