Baxia Markets
By
December 24, 2021

Dash is up 8.37% in the session

technical analysis top header -01

The cryptocurrency is now on a three-day winning streak, today's session being the most lucrative. The price might continue to move up in the short term until the RSI reaches an oversold status.

 

The Bollinger bands continue closing up but that doesn't seem to stop Dash’s progress, the pair trades above the upper band suggesting that the price is relatively high which might create some confusion among traders.

 

Dash Dec 15th

 

The relative strength index is at 49% which will allow the price to continue moving up in the short term, we had not seen this RSI level in almost a full month. Our parabolic SAR indicator now suggests that the price will move upwards in the short term.

 

We love to hear new ideas from traders and want to know what you think! 

 

If you like this topic and want to suggest future topics that you find helpful, let us know by clicking the ‘submit your feedback’ button below.

 

Open Live Account  

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 

 

Nothing contained in this website should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

cryptocurrency, trading conditions, technical analysis, trading indicator

Subscribe by Email