Crypto-currency market: Dashcoin forms the bottom

The DSH/USD pair moved to a correction, after the collapse of the crypto-currency market at the start of the week, indicating soon reversal while forming the “double bottom” pattern. Also, a factor indicating a correction is the oversoldness of this pair on higher timeframes.

Deals for the purchase of a pair of DSH/USD should be considered in the range from 114.000 to 117.00. With targets on resistance levels: 128.000 and 135.000. Support is located at levels: 104.000 and 100.000.

DSH/USD H4 chart. Current price – 110.000

Read also: “Fundamental Analysis: The Labor Market and its Impact on the Dynamics of the National Currency”

Andre Green

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