Dash DSH/USD is trading at the level of 300. The cryptocurrency is trading below the lower Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo lower bound is expected near the level of 315, from which it is expected to rebound and attempt to continue falling Dash with a target at level 230.
Dash forecast & analysis DSH/USD April 6, 2018
An additional signal in favor of the fall will be a resistance level test, as well as the formation of the «Head and Shoulders» model. 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 a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 350, 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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