DASH/USD and LTC/USD Technical Analysis November 24 2017

Hello and welcome to News BTC’s Market Outlook November.

[embedded content]

DASH/USD

dashusd

DASH continues to look healthy, as we pulled back slightly during the day on Thursday, but found support at the $550 level. I believe that we are trying to build up enough momentum to finally clear the $600 level and stay above there, so we may get some choppiness in the meantime. Ultimately, I think that this remains a “buy on the dips” type of scenario.

LTC/USD

ltcusd

Litecoin has rallied again during the day on Thursday, breaking out to fresh, new highs. We are above the $75 handle, so one would expect a slight pullback to go looking for more momentum building pressure. I suspect that a pullback at this point will only offer more buying opportunities as Litecoin looks ready to go much higher.

Thanks for watching, I’ll be back Monday.

Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice. All the information is believed to come from reliable sources. NewsBTC does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be liable for any loss incurred.

Let’s block ads! (Why?)

Source: Newsbtc

loading...