Dash DSH/USD is trading at 166 and continues to move in the correction framework. The cryptocurrency is traded inside the Ichimoku Kinko Hyo Cloud, which indicates a side trend. As part of the Dash forecast & analysis DSH/USD October 19, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud 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 150.
Dash forecast & analysis DSH/USD October 19, 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 downward channel. Previously, there was a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 172.
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 175, which will indicate a change in the side trend in favor of an 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 the level of 160.
Dash forecast & analysis DSH/USD October 19, 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 150, a strong growth and a breakdown of the area 175, which will indicate a potential change in trend in favor of bullish and continued growth.