Dash DSH/USD is trading at the level of 994. The 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 Cloud is expected near the 1015 level, from which we expect a rebound and an attempt to continue falling with a target at 900. Earlier we received a weak signal for buy of the Dash cryptocurrency, by crossing the signal lines at the level of 1050.
Dash forecast & analysis DSH/USD on January 15, 2018
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 1100, 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 lower boundary of the channel and closing below the level of 890.
We should not exclude the attempt to form a bull model of the «Wolfe Wave». In this case, with the test area of 845, where should we expect a rebound and the beginning of growth with a potential target at 1160.