Dash traders rallied during the session on Thursday, breaking above the $800 level. However, even though this is a bullish move, we have a significant lack of volume. A break above the $900 level would be a bit more convincing, but at this point, the market is expected to see a move below $750 again.
Dash has bounced back from $735 to $845 and made higher highs and higher lows on the daily chart. On Thursday the market successfully closed above the 100 day EMA, indicating an uptrend.
Currently, the market is struggling below the 23.6% Fibonacci retracement level (from 612.21 to 1564.47). The RSI is at 40.94 and the MACD is below the signal line.
Buy digital Call options between 830, and 890, valid until 23:00 GMT January 19
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