DASH / USD Price Analysis: Triangle Breakout

Dash has a bearish short-term bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that the DASH / USD pair is now trading under a descending triangle pattern. Traders could target the March 26th trading low if the breakout is valid.

Bearish MACD price divergence is present on the four-hour time frame and also extends down toward the March 26th swing-low.

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