Dash DSH/USD is traded at the level of 500. 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 480 level is expected, from which we should expect a rebound and an attempt to continue the growth of Dash with a target at the level of 590.
Dash forecast & analysis DSH/USD April 24, 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. Previously, a strong signal was received for buy of the Dash cryptocurrency, by crossing the signal lines at level 370.
Canceling the variant of Dash growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 375, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations DSH/USD stands with the breakdown of the resistance area and closing above the level of 530.