The technical chart of Dash highlights the retracements faced by the price levels at regular intervals while facing major resistance at 0.786fib level. After touching the critical support level of $85.00 residing at the neutral line of the retracement table, the price levels have bounced back positively forming a rising channel pattern. A positive crossover above the 0.786fib level can surely be a bullish indication for the upcoming trading sessions.
The relative strength index (RSI) is showcasing positive nature while standing at 55.82 targeting the overbought territory.
The moving average convergence & divergence (MACD) has formed a bullish crossover below the signal line and looked to gain further positive levels on the chart.
The directional movement index (DMI) is showcasing sideways nature as ADX and -DI levels got consolidated with each other on the chart.
Resistance level: $98.00 & $100.00
Support level: $90.00 & $85.00
The relative strength index (RSI) is showcasing positive nature while standing at 55.82 targeting the overbought territory.
The moving average convergence & divergence (MACD) has formed a bullish crossover below the signal line and looked to gain further positive levels on the chart.
The directional movement index (DMI) is showcasing sideways nature as ADX and -DI levels got consolidated with each other on the chart.
Resistance level: $98.00 & $100.00
Support level: $90.00 & $85.00
