Dash DSH/USD is trading at the level of 1097. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the level of 1045, from which we expect a rebound and an attempt to continue growth with the target at 1300.
Dash forecast & analysis DSH/USD on January 6, 2018
Earlier we received a weak signal for buy of Dash cryptocurrency due to the crossing of signal lines at 970 level. Canceling the variant of Dash growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the level of 925, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations DSH/USD stands with a breakdown of the resistance level and closing above 1200.