Dash DSH/USD is trading at 497. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 490 level from which we should expect a rebound and an attempt to continue the growth of Dash with a target at 575.
Dash forecast & analysis DSH/USD May 6, 2018
An additional signal in favor of the fall of the cryptocurrency will be the test of the support area. Earlier, we received a weak signal for buy of Dash cryptocurrency, due to the crossing of signal lines at level 475.
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 455, 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 the breakdown of the upper limit of the model «Triangle» and the closure above the level of 525.
