DASH Technical Analysis: The Trend Of Sellers Has Persisted

The positive trading period in the DASH market is coming to an end. At least sellers make their presence and strength clear. The downward trend, which sellers began in May 2021, has not been reversed. The recent local growth wave, which buyers started on 7 March, stopped near the upper trend line of the falling channel. So far, buyers have not even been able to touch the critical liquidity range of $149. This range now plays a key role in shaping a new medium-term growth wave. If buyers can take it under control – the DASH growth will continue to $250. https://www.tradingview.com/x/XMV7YZu4/ However, now in the weekly timeframe, we see a disappointing situation. During the trading week on 4 April, sellers completely absorbed the weekly candle of 21 March. It is worth noting that the weekly candle of 21 March was closed on a large scale. It took sellers much less effort to completely offset the efforts of buyers. This indicates the unwillingness of buyers to keep the price in this range. In this case, the probability of the DASH wave continuing to fall to $88 is extremely high. The main problem is that the $88 mark can only be the first target on the way to the $68 global target. To fully confirm this scenario, sellers should take control of a local critical point. Which one? we will consider this in more detail on a daily timeframe. Technical Analysis Of DASH On The Daily Timeframe https://www.tradingview.com/x/4fGqW6s9/ Analy...