Dash DSH/USD is traded at the level of 304. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Dash. Ichimoku Kinko Hyo indicator area signal lines are expected near the 310 level, from which one should expect a rebound and continue the development of a bearish trend with a target near the level of 265. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance area.
Dash prediction & analysis DSH/USD on October 5, 2017
Earlier, a medium strength signal was obtained to sell the Dash cryptocurrency, by crossing the signal lines at the level of 335. By canceling the variant of the Dash quotations drop, the upper boundary of the Ichimoku Kinko Hyo Cloud will break with the closing of quotations above the 330 area, which indicates a change in the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD stands with a breakdown of the level of 280.