dashusd

DASH/USD and LTC/USD Technical Analysis November 14 2017

Avatar newsbtc 2 years ago

DASH/USD

DASH continues to be very volatile, initially tried to rally on Monday, but ended up forming a negative looking candle. I think at the end of the day, we will find ourselves reaching back towards the $350 level, where we should see some buying pressure. Being patient and waiting for a bounce or a supportive camera such as a hammer should be the best way to play this market.

LTC/USD

Litecoin rallied a bit during the day, testing the $62 level but rolled over. I believe that this market is trying to find reason to go higher, and currently it looks as if a “sell the rallies” type of attitude continues to be the case, as the market has found significant support at the $56 level. I believe that we will continue to be very choppy, but short-term traders will continue to apply pressure.

Thanks for watching, I’ll be back tomorrow.

Tags: BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Nexo

Instant loans by local bank transfer using your crypto as collateral without selling it. Earn up to 8% interest per year on your Stablecoins & EUR.

Ad
KuCoin

Kucoin is the most trusted crypto exchange with 200 tokens.

Ad
Show comments