Dash DSH/USD is traded at the level of 301. The cryptocurrency is trading below the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound test is expected near the level of 320, from which it is expected to rebound and try to continue falling Dash with a target at 240.
Dash forecast & analysis DSH/USD April 5, 2018
An additional signal in favor of the drop will be a test of the upper boundary of the channel, as well as a resistance level test. Earlier, we received a weak signal for buy of Dash cryptocurrency, due to the intersection of signal lines at level 310.
The cancellation of the Dash fall variant will be the breakdown of the upper Ichimoku Kinko Hyo Cloud with the closing of quotes above the 360 level, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes DSH/USD is with the breakdown of the support area and closing below the level of 270.
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