Bollinger Bands forecast DSH/USD on June 26, 2017


Cryptocurrency DASHCOIN DSH/USD is trading at 172.76. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for DASHCOIN. At the moment, quotes of the pair test the lower border of the bands of the indicator Bollinger Bands. A moving average test is expected near the level of 178, from which we again expect an attempt to continue the fall and further develop the bearish trend for the DASHCOIN cryptocurrency with a target near level 148.

Bollinger Bands forecast DSH/USD on June 26, 2017

Bollinger Bands forecast DSH/USD on June 26, 2017

The conservative sales area for DASHCOIN is located near the upper boundary of the Bollinger Bands indicator strip at level 188. By abolishing the fall continuation option the DSH/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the upper boundary of the Bollinger Bands indicator bars and the closing of the DASHCOIN quotations above area 195, indicating a trend change and in favor of the bullish on DSH/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area below the level of 148.


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