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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

DASH/USD and LTC/USD Technical Analysis November 15 2017

newsbtc
newsbtc
1 year ago
1 min read
dashusd

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

DASH/USD

DASH continues to go sideways, just above the $400 level. There is a lot of support just below, but I think the market may drift slightly lower to pick up momentum. That would be expected, because we have recently broken out over significant resistance. I suspect the $375 level is an area that will attract a lot of attention, as $350 will most certainly do as well.

LTC/USD

Litecoin continues to grind sideways near the $61 level, trying to break above the $62 level. I think at this point, the $58 level underneath his support, so if we can stay above there, this should continue to be a “buy on the dips” opportunity to build up a larger position. A breakdown below $58 probably sends this market down to the $52 level.

Thanks for watching, I’ll be back tomorrow.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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