Dash DSH/USD is trading at 159 and continues to move in the correction framework. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend. As part of the Dash forecast & analysis DSH/USD October 15, 2018, a test of Ichimoku Kinko Hyo signal lines is expected near the level of 170, from which it is necessary to expect a rebound and an attempt to continue reducing Dash with a potential target below 140.
Dash forecast & analysis DSH/USD October 15, 2018
An additional signal in favor of the fall in the DSH/USD cryptocurrency will be the test of the resistance area, as well as a rebound from the upper limit of the bearish channel. Previously, there was a strong signal for sell of Dash cryptocurrency, due to the crossing of signal lines at 181.
Cancellation of the Dash cryptocurrency decline option will be a strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with closing of quotations above 180, which will indicate a change in the downward trend in favor of the upward trend and continued growth of the digital asset. Expect to accelerate the fall of DSH/USD quotes with the breakdown of the support area and closing below 150.
Dash forecast & analysis DSH/USD October 15, 2018 suggests an attempt to develop a correction of cryptocurrency and a test of level 170, from which we can expect a further decline in the rate of Dash with a potential target near the level of 140, a strong growth and a breakdown of the area 180, will indicate a potential change in trend in favor of bullish and continued growth.