DASH and Litecoin Analysis December 21, 2017

.

DASH/USD

DASH has gone parabolic during the trading session on Wednesday, slicing through the $1500 level at one point. It looks as if short-term pullbacks will offer buying opportunities though, so therefore I think being careful bullish is probably the best way to go in this market as it looks like a market that is ready to launch much higher.

 

LTC/USD

Litecoin had a very quiet session on Wednesday, but it looks as if we are continuing to try and form a bit of support just below, with $300 being a very important level overall. I believe that buying the dips continues to be the way going forward as Litecoin looks very bullish.

Thanks for watching, I’ll be back tomorrow.



Leave a Reply

Your email address will not be published. Required fields are marked *