Dash DSH/USD is traded at the level of 376. The 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 signal lines near the 345 level is expected, from which we should expect a rebound and an attempt to continue the growth of Dash with a target at 435 level.
Dash forecast & analysis DSH/USD April 14, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, as well as a test of the support level. The target of the model is the area at level 220. Earlier, a medium strength signal was obtained for buy of the Dash cryptocurrency, by crossing the signal lines at level 305.
Cancellation of the variant of Dash growth will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 290, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations DSH/USD stands with the breakdown of the resistance area and the closing above the level of 395.
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