Dash DSH/USD completes trading week near area 320. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near level 370 is expected, from which it is expected to rebound and continue the development of the bearish trend with a target near level 80.
Dash (DSH/USD) forecast April 9 — 13, 2018
An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at 585 level.
Cancellation of the variant of the Dash quotations drop will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the 500 area, which will indicate a change in the bearish trend in favor of the ascending trend. Expect to accelerate the fall in quotations DSH/USD is worth a breakdown of the support area and closing below the level of 250.
However, we should not exclude the attempt to create a bullish model of the «Wolfe Wave». The target of working out this model is the area above the level of 900. In this case, after the test of the area of 80, the quotes of Dash can show the growth and completion of the bearish trend.