TradingSig

DASH Death Cross - Can it happen?

Long
BITFINEX:DSHUSD   Dash
DASH made an effort to rally at first in the early on Thursday, however, found the $434 level to become resistive. As a result, the coin returned to its downtrend proceeding in the direction of intermediate T/P $239. We are seeing negativeness all over again throughout the Friday action, and don't be surprised if coin breaks its low. In the long run, the $60 level will be in the cards. The outlook regarding Dash coin is quite bearish on the short-term with a decent chance of an additional selloff if crypto doesn’t get a hold of buying support shortly!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.