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

Hello and welcome to News BTC’s Market Outlook September 15.


DASH fell significantly during the day on Thursday, reaching towards the $260 level. I think at this point, rallies are to be sold, and that the $300 level above is massively resistive. I think given enough time, we will probably go down to the $250 level. This is a negative market, and has lost over 12% on Thursday alone. I think we will continue to see bearish pressure.


Litecoin fell significantly during the day on Thursday as well, testing the $50 level. If we can break down below the $50 level, the market should continue to go much lower. In the meantime, I believe that the $58 level above is resistance, so it’s not until we break above there that I would be comfortable buying.

Thanks for watching, I’ll be back on Monday.

Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice. All the information is believed to come from reliable sources. NewsBTC does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be liable for any loss incurred.

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