Dash DSH/USD completes trading week near area 798. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test near the 820 level is expected, from which it is expected to rebound and continue the development of the bearish trend with a target near the level of 500. An additional signal in favor of the fall of the cryptocurrency will come from the upper bound of the «Triangle» model.
Dash (DSH/USD) forecast January 29 — February 2, 2018
Earlier, we received a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 1080. Cancellation of the variant of falling of quotations Dash will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 1100, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD stands with the breakdown of the lower boundary of the model «Triangle» and closing below the level of 660.
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