Hello and welcome to News BTC’s Market Outlook October 3.
DASH/USD
DASH fell again during the session on Monday, drifting down to the $314 level. This market should have plenty of support below though, so I think that this pullback is going to be just that, a pullback. I suspect that adding to your position in small incremental probably be the best way to trade this market as it rallies again. Currently, I have no interest in selling until we break well below the $300 level.
LTC/USD
Litecoin had a slightly negative session on Monday, losing about two dollars. The market currently sits just above the $53 level, where I see support. I think that a break above the $55 level would be very bullish, and I believe it’s coming. However, buying on the dips continues to be the best strategy with Litecoin.
Thanks 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.
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