Dash (DSH/USD) weekly forecast February 12 — 16, 2018


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Dash DSH/USD completes trading week near area 576. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo signal line area test is expected near the level of 650, from which one should expect a rebound and continue the development of a bearish trend with a target near 240. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel.

Dash (DSH/USD) weekly forecast February 12 — 16, 2018

Dash (DSH/USD) weekly forecast February 12 — 16, 2018

Earlier, we received a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 1080. Cancellation of the variant of falling quotations Dash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of ​​950, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD is with a breakdown of the level of support and closing below the level of 490.


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