Dash DSH/USD is trading at 487. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 475 level, from which it is expected to rebound and attempt to continue falling Dash with a target below the level of 400.
Dash forecast & analysis DSH/USD May 8, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, we received a weak signal for buy of Dash cryptocurrency, due to the crossing of signal lines at level 475.
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 510, which will indicate a change in the bearish trend in favor of the upward trend. Expect to accelerate the fall in quotations DSH/USD is with the breakdown of the lower limit of the model «Triangle» and closing below the level of 440.