Dash DSH/USD completes the trading week near area 308. Cryptocurrency is traded inside the Ichimoku Kinko Hyo Indicator Cloud, which indicates the presence of a flat trend for Dash. Ichimoku Kinko Hyo indicator cloud is expected near the level of 290, from which it is expected to rebound and continue the development of the bullish trend near the level of 435. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the bullish channel, and the formation of the «Head and Shoulders» reversal model.
Dash weekly forecast on October 9 — 13, 2017
Earlier, a medium strength signal was obtained for buy of Dash cryptocurrency, by crossing signal lines at level 317. Canceling the variant of growth of Dash quotations will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 275, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations DSH/USD stands with a breakdown of the neckline of the reversal pattern and closing above 340.
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