The price of Dash 2 Trade (D2T) is standing between the bull market and the bear market. And this has been the case for the past three days. Investors should be getting ready to buy now. The bulls have shifted the demand zone to around $0.014. This new support level is a stronghold for the bulls, as it has remained strong against the selling pressure. For the past two days, the price has continued to move between the narrow price channel of $0.0134 and $0.015.
Key Levels
- Resistance: $0.019, $0.020, and $0.025
- Support: $0.010, $0.0076, $0.005
Dash 2 Trade: The Indicators’ Outlook
The bull market has been able to secure a strong support level that is higher than the previous one. This new support level is cutting short the bearish move and helping them to conserve some of the prices from the last bullish run. The Bollinger Bands indicator is contracting. That means that a bullish price breakout is imminent in the Dash 2 Trade market. This is the time to buy so as to maximize profits when the price rises.
D2T/USD Short-Term Outlook: Price Ready to Skyrocket (1-Hour Chart)
The recent appearances of the bearish candlesticks on the 1-hour chart are spinning tops and dojis. But the appearance of the bullish candlesticks on the 1-hour chart is rather significant. This means that Dash 2 Trade bulls are showing more vigor, and there is the possibility that they will take the market soon. Despite the bearish pressure, the price is still above the 20-day moving average. And the bulls are still targeting the $0.02 price level.
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