Dash (DSH/USD) weekly forecast January 1 — 5, 2017


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Dash DSH/USD completes trading week near area 964. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal lines are expected near the level of 860, from which we should expect a rebound and continue the development of a bullish trend with a target near the level of 1450.

Dash (DSH/USD) weekly forecast January 1 — 5, 2017

Dash (DSH/USD) weekly forecast January 1 — 5, 2017

An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as an bullish line test. Earlier, we received a weak signal for sell of Dash cryptocurrency, due to crossing of signal lines at the level of 1120. The cancellation of the variant of the Dash quotations growth will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of ​​640, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations DSH/USD stands with a breakdown of the level of 1250.


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