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.

[youtube https://www.youtube.com/watch?v=e6SYbN_ruc0?feature=oembed&w=660&h=371]

Thanks for watching, I’ll be back tomorrow.

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