Hello and welcome to News BTC’s Market Outlook June 28.
DASH/USD
DASH went back and forth during the day on Tuesday, as we continue to hover around the $160 level. The $150 level underneath continues to offer support, so some type of a supportive candle should continue to be a nice buying opportunity. That area that is massive support as far as I can see, so I’m looking for an opportunity to buy closer to that level.
LTC/USD
LiteCoin fell significantly during the day on Tuesday, reaching towards the $35 handle. This is an area where I would like to see some type of support and perhaps a turn around, and I think that the entire zone runs down to the $32.50 level, so any type of bounce or supportive candle is a nice buying opportunity. A breakdown below the $32.50 level gives us an opportunity to start shorting.
Thanks for watching, see you again 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.
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