ssari

DASH Short term

On the 1 Day candlesticks, we observe a strong pullback with DASH to the strong support area of $170. Looking at the corresponding RSI, we don't have oversold conditions. The sell off volume is not significant , which indicates people are still interesting in holding on DASH. Lets also state that the number of Master Nodes have also increased...people probably see this as the opportunity to own a MN. If support fails at 170, we are looking at the next support which is 160, 150 etc and then to a strong support 123. As everything is related to BTC and BTC for this round\stage is showing signs that 6100 is strong support, I would wait for the RSI to drop more before entering, as per the green zone I indicated. Make sure that you observe volume selloff, MACD chart and assess BTC situation. I'm going to wait a bit more and keep an eye out for further developments.

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