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DASH/USD and LTC/USD Technical Analysis November 27 2017

Avatar newsbtc 2 years ago

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

DASH/USD

dashusd

DASH continue to go sideways during the day on Friday, as the markets seem to be settling on the $550 level. I believe that ultimately we will find buyers, but we may need to pull back slightly in order to offer value. Currently, I believe that the $500 level is going to offer a bit of a “floor”, but eventually we will break above the $600 level and continue to go much higher.

LTC/USD

ltcusd

Litecoin pulled back during the trading session, but found enough support to rally and reach towards the highs again. I think Litecoin continues to be a “buy on the dips” market, and that we will eventually go looking towards the $80 level. The $70 level below offers significant support, and I think will continue to be an opportunity for buyers to pick up value if we do pull back to it.

Thanks for watching, I’ll be back tomorrow.

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