Dash DSH/USD completes trading week near area 511. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 590 level, from which it is expected to rebound and continue the development of the bearish trend with a target near the level of 180.
Dash (DSH/USD) weekly forecast on March 12 — 16, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test of the resistance level. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at 585 level.
The cancellation of the variant of falling quotations of Dash will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 740, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD is worth a breakdown of the support area and closing below the level of 340.