Dash DSH/USD is traded at the level of 604. The cryptocurrency is traded 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 near the 640 level, from which it is expected to rebound and attempt to continue falling with the target at level 385. An additional signal in favor of the drop will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel.
Dash forecast & analysis DSH/USD on February 4, 2018
Earlier, a weak signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 735. 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 705, which indicates 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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