Dash DSH/USD is trading at 553. 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 is near the 620 level, from which it is expected to rebound and attempt to continue falling with the target at 395. An additional signal in favor of the drop will be a resistance level test.
Dash forecast & analysis DSH/USD on February 3, 2018
Earlier, we received a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 735. 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 705, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotes DSH/USD stands with the breakdown of the lower boundary of the bearish channel and the closing below the level of 330.
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