Dash forecast & analysis DSH/USD on December 16, 2017


Dash DSH/USD is traded at the level of 855. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. The test area of ​​the Ichimoku Kinko Hyo cloud is expected near the level of 830, from which we should expect a rebound and an attempt to continue growth with the target at 985.

Dash forecast & analysis DSH/USD on December 16, 2017

Dash forecast & analysis DSH/USD on December 16, 2017

An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for buy of Dash cryptocurrency by crossing signal lines at 687. Canceling the Dash growth option would be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below 755, which would indicate a bearish trend in favor of the bullish trend. Expect to accelerate the growth of quotations DSH/USD stands with a breakdown of the level of 940.


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