Dash DSH/USD is trading at 542. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level of 560, from which it is expected to rebound and attempt to continue falling with a target at 410. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel, as well as the resistance level test.
Dash forecast & analysis DSH/USD on February 9, 2018
Earlier, a strong signal was received for buy of Dash cryptocurrency, due to the crossing of signal lines at level 490. 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 quotations above the level of 640, 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 with the breakdown of the level of support and closing below the level of 400.
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