# Crypto Technicals: DASH/USD retraces dip below 5-DMA, eyes trendline at 183.30

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/2038
Published: 2019-05-29T12:03:13.000Z
Updated: 2019-05-29T12:03:13.000Z
Section: Investing

> Support: 151.67 (21-EMA); Resistance: 183.30 (Trendline)

[DASH/USD](<https://www.tradingview.com/symbols/DASHUSD/>) chart - Trading View

Exchange - Binance

Support: 151.67 (21-EMA); Resistance: 183.30 (Trendline)

Technical Analysis: Bias Bullish

DASH/USD retraces dip below 5-DMA, bias is bullish.

The pair is trading 1.19% lower on the day at 166.48 at 11:55 GMT.

Stochs and RSI are in overbought territory, but no major signs of weakness seen.

21-EMA is strong support. 5-DMA and 21-EMA are upward sloping.

A 'Golden Cross' formation keeps scope for upside, next bull target lies at 183.30 (trendline resistance).

Break below 21-EMA could see dip till 50-DMA at 132.45. Bullish invalidation below 200-DMA.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [DASH/USD](https://www.tradingview.com/symbols/DASHUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)