Dash forecast & analysis DSH/USD May 16, 2018


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Dash DSH/USD is trading at 426. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 430 level, from which it is expected to rebound and try to continue falling Dash with a target below the level of 325.

Dash forecast & analysis DSH/USD May 16, 2018

An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as the upper boundary of the bearish channel. Earlier, we received a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at 480 level.

Dash forecast & analysis DSH/USD May 16, 2018

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 460, which will indicate 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 370.

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