DashCoin price under the negative pressure – Analysis - 17-10-2019

Economies.com
2019-10-17 04:54AM UTC

DashCoin price broke the intraday bullish channel’s support line and settled below it, to complete forming bearish flag pattern that makes us suggest the continuation of the bearish bias in the upcoming sessions, and the targets begin by testing 64.40 level.

 

Therefore, the bearish trend will be expected for today, and breaking the targeted level will extend the bearish wave to reach 50.00, while breaching 73.30 represents positive factor that will lead the price to start new recovery attempts.

 

The expected trading range for today is between 60.00 support and 70.00 resistance

The expected trend for today: Bearish

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