Dash DSH/USD is trading at 474. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 450 level, from which it is expected to rebound and try to continue the growth of Dash with a target at 585.
Dash forecast & analysis DSH/USD April 27, 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, we received a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at 485 level.
Cancellation of 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 400, 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 closing above the level of 530.