Dash DSH/USD is traded at level 408. 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 400 level is expected, from which we should expect a rebound and an attempt to continue the growth of Dash with a target at 465 level.
Dash forecast & analysis DSH/USD April 20, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower border of the channel. Earlier, a strong signal was received for buy of the Dash, by crossing the signal lines at level 370.
The cancellation of the Dash growth variant will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 340, 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 resistance area and the closing above the level of 440.