Dash DSH/USD is trading at 285. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. The test area of Ichimoku Kinko Hyo signal lines near level 290 is expected, from which we should expect a rebound and the continuation of bearish trend development with the target near the level of 260. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test.
Dash prediction & analysis DSH/USD on October 11, 2017
Earlier, a strong signal was received for the sell of Dash cryptocurrency, by crossing the signal lines at level 305. Canceling the variant of Dash quotations drop will be the breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations above area 315, which indicates a change of 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 level and the closure below the area of 270.