Dash forecast & analysis DSH/USD on January 2, 2018


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Dash DSH/USD is trading at 963. 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 975 level, from which we expect a rebound and an attempt to continue falling with the target at 730. An additional signal in favor of the drop of the cryptocurrency is the lower bound of the «Triangle» model, which indicates a drop in quotes below the level of 630.

Dash forecast & analysis DSH/USD on January 2, 2018

Dash forecast & analysis DSH/USD on January 2, 2018

Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 1050. The cancellation of the Dash fall variant will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 1150, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes DSH/USD stands with a breakdown of the level of 830.


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