DashCoin price approaches the target – Analysis - 11-07-2019

Economies.com
2019-07-11 04:28AM UTC

DashCoin price provided clear negative trading yesterday to approach our waited target at 139.63, which represents 38.2% Fibonacci correction level for the rise measured from 64.41 to 186.12, which means that breaking it will push the price towards 125.26 as a next main station.

 

The EMA50 forms continuous negative pressure against the price, reinforcing the chances of continuing the bearish trend in the upcoming sessions, taking into consideration that the continuation of the expected decline conditions holding below 157.40 level.

 

The expected trading range for today is between 135.00 support and 150.00 resistance

The expected trend for today: Bearish

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