Dash forecast & analysis DSH/USD on December 8, 2017


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Dash DSH/USD is trading at the level of 632. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is expected near the level of 660, from which it is expected to rebound and attempt to continue fall with the target at 535.

Dash forecast & analysis DSH/USD on December 8, 2017

Dash forecast & analysis DSH/USD on December 8, 2017

An additional signal of the fall of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for sell of Dash cryptocurrency, by crossing the signal lines at 755. By canceling the Dash fall variant, the upper boundary of the Ichimoku Kinko Hyo Cloud will break with the closing of quotations above the level of 730, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the fall of quotations DSH/USD stands with a breakdown level of 600.

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