Hello and welcome to News BTC’s Market Outlook November.



DASH went sideways during most of the session on Monday, hanging about the $600 level. Obviously, that will offer a certain amount of psychological support, and the market could continue to find buyers on short-term dips. Ultimately though, the $550 level underneath is even more supportive, so I believe the dips will be buying opportunities, and that the market will eventually be of a break above $650 which is a signal that we are going higher.



Litecoin rallied a bit during the day, pulled back a couple of times, but kept finding buyers. The hammers that formed on the 4-hour charts suggests that the market is going to go higher perhaps reaching towards the $95 level above. A breakdown below the $82.50 level would be negative, and could send the sellers back into the market.

Thank you for watching, I’ll be back tomorrow.

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.


Please enter your comment!
Please enter your name here