DashCoin price under the negative pattern’s pressure – Analysis - 18-01-2019

DashCoin price settles below the broken neckline of the double top pattern that appears on the chart, which keeps the negative pressure valid on the intraday and short term basis, and the price needs to break 67.28 level to confirm rallying towards the recently recorded low at 56.21.

Therefore, the bearish trend will be suggested in the upcoming period, noting that breaching 74.12 and holding above it will stop the expected decline and lead the price to start recovery attempts that target 79.65 followed by 85.20 areas initially.

Expected trading range for today is between 65.00 support and 74.00 resistance

Expected trend for today: Bearish