DASH/USD and LTC/USD Technical Analysis October 18 2017




dashusd

Hello and welcome to News BTC’s Market Outlook October 18.

DASH/USD

DASH fell slightly during the day on Tuesday, testing the $298 level. I think there is significant support underneath that the $295 level as well, so I think that we will probably get a bit of a bounce soon. Once we do, the market should then go towards the $300 level. Ultimately, we will break above there and reach towards the $310 level as well. Given enough time, the markets should find reason enough to resume the longer-term uptrend.

LTC/USD

Litecoin markets also are slightly negative during the day, but seem to be finding support near the $60 level. The market rallying from here makes sense, and we should go to the $65 level, and then eventually reaching towards the $70 level after that. Litecoin is a market I like, and that should be plenty of buying pressure coming soon.

Thanks for watching, I’ll see you again 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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