Dash DSH/USD is trading at the level of 394. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near level 445 is expected, from which it is expected to rebound and attempt to continue falling with a target at level 290.
Dash forecast & analysis DSH/USD on March 16, 2018
An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at level 470.
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 510, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations DSH/USD stands with a breakdown of the lower boundary of the bearish channel and a close below 320.
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