Dash DSH/USD is trading at 377. 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 Ichimoku Kinko Hyo signal lines near level 365 is expected, from which we should expect a rebound and an attempt to continue the growth of Dash with a target at level 425.
Dash forecast & analysis DSH/USD April 16, 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. Earlier, a medium strength signal was obtained for buy of the Dash cryptocurrency, by crossing the signal lines at level 305.
Canceling the variant of Dash growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the level of 320, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations DSH/USD stands with the breakdown of the upper limit of the model «Triangle» and the closure above the level of 395.
