Dash is trading at 129.75 and continues to move within the growth and formation of the «Triangle» model. DSH/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend. As part of the Dash cryptocurrency exchange rate forecast for April 10, 2019. A test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 127.55. Where should we expect a rebound and an attempt to continue the growth of Dash with a potential target above the level of 160.00.
Dash forecast and DSH/USD Analysis April 10, 2019
An additional signal in favor of raising the DSH/USD cryptocurrency will be the test of the support area. The second signal will be a rebound from the lower boundary of the rising channel. Previously, a strong signal was received for BUY the Dash cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 88.90. The nearest resistance area is at 140.00. DSH/USD support area is located at 125.00.
Cancellation of the Dash cryptocurrency growth option will be the fall and the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below 115.00. This 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 upper limit of the model «Triangle» and closing above the level of 140.00.
Dash forecast and DSH/USD Analysis April 10, 2019 suggests an attempt to develop a cryptocurrency correction and a test level of 127.55. Where can we expect to continue the growth rate of Dash with a potential goal near the level of 160.00. Cancellation option lift will make the fall and the breakdown of the area 115.00. This will indicate a potential change in the trend in favor of a downward trend and the continuation of a fall in cryptocurrency.