CryptoDre18

9.13.2019

Short
KRAKEN:DASHUSD   DASH
Morning! Hope everyone has had a good weekend.

I was asked about Dash, so I'll write my thoughts here.

DASHUSD fell roughly 60% from the 200 high and managed to find support on 80.

It is currently trading around $92.

The VMA ( volatility moving average) is resting above it near 180, suggesting the long term volatility is in the bears' favor.

For a short term reversal, the bulls will need to claim 100 resistance for a 140 test.

Until they do, I believe there is more downside.
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