DASH/USD and LTC/USD Technical Analysis September 1 2017




ltcusd

Hello and welcome to News BTC’s Market Outlook September 1.

DASH/USD

DASH continues to do almost nothing against the US dollar, as we hover slightly above the $370 level. I believe that this market will continue to be very quiet, and currently I believe there are other crypto currencies a can bring in much more in the way of profits. That’s not to say that this market will go higher, and almost certainly will over the longer term, but the choppiness keeps me away.

Litecoin

The Litecoin markets against the US dollar were strong, breaking towards the $60 level. I believe that the market will eventually break above there and go towards the $70 handle, but given enough time it’s likely that the volatility will increase. I look at short-term pullbacks as buying opportunity as Litecoin has performed quite well over the last several weeks.

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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