DASH/USD and LTC/USD Technical Analysis December 4 2017

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



DASH went back and forth during the trading session on Friday, as we continue to bounce around, giving us an opportunity to start finding buyers underneath, perhaps reaching towards the $800 level. I believe that the $700 level underneath should be buying opportunities, as it should offer plenty of support. Given enough time, I think it’s likely that the buyers will return as we have seen such a strong move to the upside.



Litecoin broke out to the upside, reaching towards the $92 level during the day. We must clear that level to start buying though, as it would be a clearance of quite a bit of negative pressure during the last several sessions. In the meantime, be patient and wait for the trade to present itself.

Thank you 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.


Please enter your comment!
Please enter your name here