DASH Technical Analysis : Price Predictions

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12 Jan 2024
15

Dash Longer Term Price Predictions
The price is moving lower low since MAY 2019 and currently in a consolidation phase from a couple of days. This consolidation phase could be the signal for reversal or it may be the signal for the continuing pattern. We have to figure it out, how the price will lead once this phase is completed.

If price breaks and close below the support level of the triangle then it is most probably the final wave towards the next support level which is at 93.50.

If price break above the resistance of the triangle, then it could be the start of trend reversal and could take price towards next resistance level forming at 120.00

We will look for the hourly time frame to get the closest overview for the next movement.
Please have a look at Daily Technical Chart below to get the longer term overview.

Daily Technical Chart


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