Dash DSH/USD is trading at the 155 level and continues in motion as part of the decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend. As part of the Dash forecast & analysis DSH/USD October 29, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 158, from which one can expect a rebound and an attempt to continue reducing Dash with a potential target below the level of 145.
Dash forecast & analysis DSH/USD October 29, 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 boundary of the «Triangle» model. Previously, there was a strong signal for SELL the Dash cryptocurrency, due to the crossing of signal lines at 156.
Cancellation of the Dash cryptocurrency reduction option will be a strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with closing of quotations above 165, which will indicate 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 lower boundary of the «Triangle» model and closing below 150.
Dash forecast & analysis DSH/USD October 29, 2018 suggests an attempt to develop a correction of cryptocurrency and a test of level 158, from which we can expect a further decline in the rate of Dash with a potential target near level 145, a strong growth and breakdown of the area 165 will be canceled, will indicate a potential change in trend in favor of bullish and continued growth.