Look Who it Was Random video

News BTC DASH and Litecoin Analysis January 17, 2018

776 views · Published 16 January 2018 · 1:31 · Indexed 9 October 2026

Channel: NEWSBTC · 2018 · People & Blogs

Watch on YouTube

News BTC Dash and Litecoin Analysis January 17

DASH/USD

DASH continues to be a bit of a grinder, dropping down towards the $800 level. The volume has been picking up, but on the 4-hour chart we had formed a massive hammer. The hammer is a positive sign, but we must break above that candle to start buying, meaning we need to clear the $850 level. Quite frankly, it’s probably a better idea to let the markets stabilize for 24 hours before putting money to work.

LTC/USD

Litecoin markets have rolled over again, reaching down below the $200 level. I see a significant amount of support at the $175 level though, and therefore I think that the buyers will probably return eventually. In a bounce in this area will probably go looking towards the $250 level above. If we break down below the $175 level, the next support level is at $150.

Thanks for watching, I’ll be back tomorrow.

More from this channel