DashCoin price postpones the break – Analysis - 19-08-2019

DashCoin price could not hold for long time below 93.13 level, to show some bullish bias and settles near the EMA50, but we notice that the price begins today with slight bearish bias, supported by stochastic negativity, waiting to break the mentioned level to confirm the continuation of the main bearish trend, which its next target located at 80.00.

Therefore, our bearish overview will remain valid for the upcoming period, noting that breaching 97.35 might push the price to visit 104.80 and might extend to 110.90 before any new negative attempt.

The expected trading range for today is between 80.00 support and 100.00 resistance

The expected trend for today: Bearish