Cryptocurrency DASHCOIN DSH/USD is traded at level 190. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for DASHCOIN. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. A moving average test is expected near the level of 180, from which we again expect an attempt to continue growth and further development of the bull trend in the DASHCOIN cryptocurrency with the target near the level of 235.
DASHCOIN forecast & analysis DSH/USD on July 8, 2017
The conservative area for DASHCOIN buying is located near the lower border of the indicator at level 170. By abolishing the option of continuing the growth of the DSH/USD will be a breakdown of the moving average region with a level of 55, as well as the lower boundary of the Bollinger Bands indicator bands and the closing of the DASHCOIN quotations below area 160, which indicates a change in the trend in favor of the bearish DSH/USD. In the event of a breakdown of the upper boundary of the Bollinger Bands indicator bars, it is expected to accelerate the growth of the cryptocurrency in the area above the level of 235. An additional signal in favor of growth is a dense test of the lower boundary of the bullish channel.
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