Dash DSH/USD completes trading week near area 591. 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 Cloud is expected to test near the 640 level, from which it is expected to rebound and continue the development of the bearish trend with a target near the level of 335.
Dash (DSH/USD) weekly forecast March 5 — 9, 2018
An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the descending channel. 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 falling quotes Dash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above the area of 800, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes DSH/USD stands with the breakdown of the lower limit of the model «Triangle» and the closing below the level of 460.
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