DashCoin price loses momentum – Analysis - 15-04-2019

DashCoin price shows some slight bullish bias to test the EMA50 that forms good intraday resistance now at 124.00, accompanied by stochastic loss to the positive momentum and witnessing clear overbought signals now, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which its targets begin by breaking 115.60 to open the way to head towards 103.25 followed by 101.60 as next main targets.

We remind you that the continuation of the expected bearish trend conditions holding below 129.60.

The expected trading range for today is between 110.00 support and 129.00 resistance

The expected trend for today: Bearish