Dash forecast & analysis DSH/USD on February 8, 2018

8 February 2018, 06:36
Jatin Patel

Dash DSH/USD is trading at 536. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level of 565, from which we expect a rebound and an attempt to continue the fall with a target at 320. An additional signal in favor of the fall will be a test of the upper boundary of the bearish channel, as well as a resistance level test.

Dash forecast & analysis DSH/USD on February 8, 2018

Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 510. 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 quotations above the level of 640, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations DSH/USD is with the breakdown of the level of support and closing below the level of 400.


Share it with friends: