Dash DSH/USD is trading at the level of 457. 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 to test near the 470 level, from which one should expect a rebound and an attempt to continue falling with a target at level 370.
Dash forecast & analysis DSH/USD on March 14, 2018
An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, we received a weak signal for buy of Dash cryptocurrency, due to the crossing of signal lines at 480 level.
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 520, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes DSH/USD is with the breakdown of the support area and closing below 425.