Dash coin, as other markets like Bitcoin, Ethereum, Litescoin, confirmed the bearish trend reversal and starting a new uptrend. Like other markets, the price stays below the key resistance zone. This zone is formed by 95.00 and 100.00 levels. For confirmation of the strength of bulls, the price will have to move above 100.00 level, but the market does not have any fundamental support for such movement - there are no strong news and increasing of demand. Indicators also don't provide strong signals confirming the continuation of the uptrend.
In such markets conditions, where there is no fundamental support, and the price is at the resistance zone, the correction or sideways movements look more logical. The price can bounce from the resistance zone and move lower to SMA50 and SMA100 where a reversal signal can be used for buying. If this zone can't hold the market, another reversal zone will be at the uptrend line. Long positions also can be opened from the uptrend line based on a reversal signal.
If the price breaks 100.00 resistance level, it's possible to use this breakout for opening long positions but only if you are going to invest in the long run.
As for the continuation of the downtrend, the market also does not have any reasons now. If the uptrend is not continued after correction, probably we will get range market conditions and a price channel with 60.00 and 100.00 borders.