Dash DSH/USD is trading at 559. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test near the level 600 is expected, from which we should expect a rebound and an attempt to continue falling with the target at level 460. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel.
Dash forecast & analysis DSH/USD on February 25, 2018
Earlier, a weak signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 675. 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 680, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD is worth a breakdown of the support area and closing below 545.
In favor of falling quotations of the cryptocurrency is the formation of the bearish model of «Wolfe Wave». The target of testing the model is the area below level 325.
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