Dash DSH/USD is trading at 168 and continues in motion within the framework of strong growth. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Dash forecast & analysis DSH/USD November 5, 2018, Ichimoku Kinko Hyo signal lines are expected to test near the level of 165. Where should we expect a rebound and an attempt to continue the growth of Dash with a potential target above the level of 180.
Dash forecast & analysis DSH/USD November 5, 2018
An additional signal in favor of the growth of the DSH/USD cryptocurrency will be the test of the support area, as well as a rebound from the upper limit of the downward channel. Previously, there was a weak signal to BUY the Dash cryptocurrency, due to the intersection of signal lines at the level of 150.
Cancellation of the Dash cryptocurrency growth option will be the fall and breakdown of the Ichimoku Kinko Hyo Cloud lower bound with the closing of quotes below 154, which will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the digital asset. Expect to accelerate the growth of DSH/USD quotes with the breakdown of the resistance area and closing above the level of 175.
Dash forecast & analysis DSH/USD November 5, 2018 suggests an attempt to develop a correction of cryptocurrency and a test of level 165, from which one can expect continued growth of the Dash rate with a potential target near the level of 180. The decline and growth of the growth option will be canceled by the drop of 154, which will indicate on the potential trend change in favor of the downward trend and a further decline.