Dash: ⬇️ Sell
– Dash reversed from resistance level 60.00
– Likely to fall to support level 40.00
Dash cryptocurrency recently reversed down from the strong resistance level 60.00 (which has been repeatedly reversing the pair from the middle of 2022) – standing well above the upper weekly Bollinger Band.
The downward reversal from the resistance level 60.00 formed the weekly Japanese candlesticks reversal pattern Shooting Star – strong sell signal for Dash.
Given the bearish sentiment across the cryptocurrency markets today, Dash can be expected to fall to the next round support level 40.00.