Dash DSH/USD is trading at 281. The cryptocurrency is traded below the lower Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level 300, from which it is expected to rebound and try to continue falling Dash with a target at 230 level.
Dash forecast & analysis DSH/USD April 7, 2018
An additional signal in favor of the drop will be a resistance level test, and a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to crossing of signal lines at level 305.
Cancellation of the Dash fall variant will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 330, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD is with the breakdown of the support area and closing below the level of 260.