DASH/USD and LTC/USD Technical Analysis June 28, 2017

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Hello and welcome to News BTC’s Market Outlook June 28.

DASH/USD

DASH went back and forth during the day on Tuesday, as we continue to hover around the $160 level. The $150 level underneath continues to offer support, so some type of a supportive candle should continue to be a nice buying opportunity. That area that is massive support as far as I can see, so I’m looking for an opportunity to buy closer to that level.

LTC/USD

LiteCoin fell significantly during the day on Tuesday, reaching towards the $35 handle. This is an area where I would like to see some type of support and perhaps a turn around, and I think that the entire zone runs down to the $32.50 level, so any type of bounce or supportive candle is a nice buying opportunity. A breakdown below the $32.50 level gives us an opportunity to start shorting.

Thanks for watching, see you again tomorrow.