Crypto-currency market: Dashcoin is near significant support
Crypto currency Dashcoin, like most digital coins, remains under pressure. At the same time, the DSH/USD pair managed to form some bottom near the 330.000-325.000 level, which corresponds to the lower border of the descending channel, formed in late April.
The consolidation of DSH/USD above the 345,000 mark will indicate the formation of correction and will open the way to resistance levels: 357.000-360.000 and 370.000-380.000. The support levels are located at the levels: 335.000 and 325.000. At the slightest opportunity, it is worth minimizing the risks, because the trade is carried out against the trend.
Fig. DSH/USD. The current price is 340,000.
Also, read: “Trade Against the Trend in Examples”