News BTC DASH and Litecoin Analysis December 5, 2017 [Kwmj2Su2tUR]

News BTC DASH and Litecoin Analysis December 5, 2017 [Kwmj2Su2tUR]

| 1h 28m 28s | Video has closed captioning.

DASH/USD DASH continues to go sideways in general, hovering just above the $740 level. I think there is a significant amount of support that extends down to the $700 level, and the stochastic oscillator is starting to look like it is going to cross in the oversold region soon. Because of this, a bounce in this market should be a nice buying opportunity to reach towards the $775 level again. LTC/USD Litecoin continues to go sideways against the US dollar, hovering just above the $100 level. The market extend support down to the $96 level however, so I think that buying dips continues to be the way going forward, as we are coming to grips with the idea of $100 now becoming a reasonable valuation. Longer-term, we should continue the uptrend. Thanks for watching, be back tomorrow. #bitpanda crypto #kurs bitcoin dollar #lohnt sich bitcoin noch