Dash DSH/USD is trading at 158 and continues in motion within a decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend. As part of the Dash forecast & analysis DSH/USD October 22, 2018, Ichimoku Kinko Hyo’s signal line signal area is expected to test near the level of 160, from where it is necessary to expect a rebound and attempt to continue reducing Dash with a potential target below 140.
Dash forecast & analysis DSH/USD October 22, 2018
An additional signal in favor of the fall in the DSH/USD cryptocurrency will be the test of the resistance area, as well as a rebound from the upper limit of the downward channel. Previously, there was a weak signal for sell of Dash cryptocurrency, due to the crossing of signal lines at the level of 172.
Cancellation of the Dash cryptocurrency decline option will be a strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with closing of quotations above 175, indicating a change in the downward trend in favor of the upward trend and continued growth of the digital asset. Expect to accelerate the fall of DSH/USD quotes with the breakdown of the support area and closing below 150.
Dash forecast & analysis DSH/USD October 22, 2018 suggests an attempt to develop a correction of cryptocurrency and a test of level 160, from which we can expect a further decline in the rate of Dash with a potential target near the level of 140; will indicate a potential change in trend in favor of bullish and continued growth.