DASH/USD
DASH continues to be very noisy during the trading session on Wednesday, reaching towards the $925 handle. We are a bit overbought at this point, so I would expect more short-term pullbacks, with an eventual eye on the $1000 handle above. I have no interest in shorting.
LTC/USD
Litecoin is forming a nice bullish flag on the hourly chart, suggesting that a move to the $450 level is possible longer term. At this point, I believe that the $280 level underneath is going to offer support, and therefore I like buying dips as a way to play this potential bullish flag but would do so in small increments.
Thanks for watching, I’ll be back tomorrow.
Related Post:
- NewsBTC DASH and Litecoin Analysis December 5, 2017
- News BTC DASH and Litecoin Analysis December 8, 2017
- DASH and Litecoin Analysis December 11, 2017
- News BTC DASH and Litecoin Analysis December 20, 2017
- DASH and Litecoin Analysis December 21, 2017
- News BTC DASH and Litecoin Analysis December 12, 2017
- News BTC DASH and Litecoin Analysis December 22, 2017
- News BTC DASH and Litecoin Analysis December 23, 2017
- Litecoin Mining Contract Results December 2017 W1 | Mining Litecoin 2017
- Litecoin Mining Contract Results December 2017 W4 | Mining Litecoin 2017
