Dash (DSH/USD) weekly forecast December 4 — 8, 2017


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Dash DSH/USD completes trading week near area 782. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Dash. Ichimoku Kinko Hyo signal lines are expected near the level of 730, from which one should expect a rebound and continue the development of an upward trend with a target near the 940 level.

Dash (DSH/USD) weekly forecast December 4 — 8, 2017

Dash (DSH/USD) weekly forecast December 4 — 8, 2017

An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, we received a weak signal for buy of Dash cryptocurrency due to the crossing of signal lines at 285. Canceling the variant of Dash quotations growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 500, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations DSH/USD is with a breakdown of the level of 820.

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