Capitalizations Index – B ∞/21M
November 28, 2018 by Hitesh Malviya 1060 The cryptocurrency market over the last month has had a terrible week, to say the least. It has hit a new all-time low after almost a year of relative stability. Over the past week, bitcoin has also breached the $4,000 USD barrier and sunk down to $3,900 USD. […]
Ethereum Price Analysis: ETH Holding Key Support, Could Bounce Soon Key Highlights ETH price corrected lower recently and traded below the $150 support against the US Dollar. There is a major bullish trend line formed […]
DASH/USD
DASH rallied again during the day, reaching towards the $840 level. At this point, a continuation of that move seems very likely, and therefore we are bullish of DASH. Pullbacks should be supported, with the $720 level offering a bit of a floor. The target is $1000 going forward.
LTC/USD
Litecoin has gone parabolic, meaning that we are testing the $300 level as I record this. Buying at this point is reckless and the second dumbest thing I can think of doing in this market. The first of course would be shorting this type of move, because even though a pullback is necessary, stepping in front of a runaway freight train is a great way to blow your account. Look for pullbacks to take advantage of, but we have clearly gone far too parabolic to get involved now.
[youtube https://www.youtube.com/watch?v=4Zv5MNuQodU?feature=oembed&w=660&h=371]
Thank you for watching, I’ll see you tomorrow.
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