Dash DSH/USD is trading at 499 level. 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 Cloud near the 480 level is expected to be tested near where we can expect a rebound and an attempt to continue the growth of Dash with a target at 575 level.
Dash forecast & analysis DSH/USD May 5, 2018
An additional signal in favor of the fall of the cryptocurrency will come from the upper bound of the «Triangle» model. Earlier, we received a weak signal for buy of Dash, due to the crossing of signal lines at level 475.
Cancellation of the variant of Dash growth will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below 465, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations DSH/USD is with the breakdown of the resistance area and closing below the level of 510.
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