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
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.