Dash DSH/USD is trading at 386. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates that there is a flat trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 410 level, from which we expect a rebound and an attempt to continue falling Dash with a target at level 315.
Dash forecast & analysis DSH/USD on March 26, 2018
An additional signal in favor of the fall is the resistance level test. Earlier, a medium strength signal was obtained for buy of the Dash cryptocurrency, by crossing the signal lines at level 395.
The 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 440, which will indicate a change in the flat trend in favor of the bullish trend. To expect confirmation of the fall in quotes DSH/USD stands with the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing below the level of 370.
In favor of the fall will also be the formation of the reversal model «Head and Shoulders». In this case, you should expect a level 420 test and continue falling to the area below the 310 level. Canceling the variant of the «Head and Shoulders» reversal pattern will be the breakdown of the area 440.