DASH/USD and LTC/USD Technical Analysis December 4 2017

newsbtc

Last Updated: June 11, 2024 1:22 pm

1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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

DASH/USD

DASH went back and forth during the trading session on Friday, as we continue to bounce around, giving us an opportunity to start finding buyers underneath, perhaps reaching towards the $800 level. I believe that the $700 level underneath should be buying opportunities, as it should offer plenty of support. Given enough time, I think it’s likely that the buyers will return as we have seen such a strong move to the upside.

LTC/USD

Litecoin broke out to the upside, reaching towards the $92 level during the day. We must clear that level to start buying though, as it would be a clearance of quite a bit of negative pressure during the last several sessions. In the meantime, be patient and wait for the trade to present itself.

Thank you for watching, I’ll be back tomorrow.

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.