Dash DSH/USD is trading at the level of 300. The cryptocurrency is trading below the lower Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo lower bound is expected near the 310 level, from which it is expected to rebound and attempt to continue falling Dash with a target at level 240.
Dash forecast & analysis DSH/USD April 8, 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 quotes DSH/USD is with the breakdown of the support area and closing below the level of 270.