Dash in a downtrend

Dash, in contrast, is already in a downtrend after a series of nine bearish candles on the daily charts.

After nine consecutive bearish candles on the daily charts, the DSH / BTC pair is now in a downtrend. At the time of this writing, Atkoine was trading at a price slightly above the level of the round figure 0.07, after the bulls prevented the attempt to leave below.

The strong support zone is below current prices and consists of several levels: 0.07 BTC, 0.068 BTC and 0.06690 BTC. Exiting beyond this zone can lead to an increased drop in the Dash. Below are a few more support levels: round figures of 0.06 and 0.05 BTC, followed by a local minimum of 0.04420.

At the other end of the graph is the key level 0.091 BTC. The breakdown above in this case would have completed the recently started downward trend. Above we need a breakdown of the recent local maximum of 0.09720 BTC in order to resume the rally. While on the daily charts the downtrend on the weekly and monthly charts, the DSH / BTC pair is still in rally mode.