DASH/USD and LTC/USD Technical Analysis November 30 2017

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

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DASH/USD

dashusd

DASH continues to extend gains, reaching as high as $770 during the trading session on Wednesday. We are starting to pull back though, as we crossed in the overbought part of the stochastic oscillator. However, it’s very likely that any type of pullback in this market will be a buying opportunity and therefore looking for a bounce underneath is probably the best way to play this market.

LTC/USD

ltcusd

Litecoin has broken above the $100 level, as we continue to go forward. Now that we have done this, pullbacks will be thought of as buying opportunities yet again, although we are starting to get a little bit stretch. I suspect that a couple of dollars will be given back, and then buyers will return to pick up the pieces.

Thanks for watching, I’ll be back tomorrow.

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.

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Source: Newsbtc

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