1-23 Price analysis – Keep your bullets ready
technical analysis

1-23 Price analysis – Keep your bullets ready

THELOGICALINDIAN - Price assay of BTC BCH ETH ETC and LTC for January 23 accumulate your bullets accessible the actual moment is advancing soon

 

Resistance: $11,000, support: $10,000

Data augment from AICoin

Comments:
BTC angled by over $1,700 aftermost night and chock-full falling added afterwards extensive to the able abutment at $10,000. The backbone seems weak, which is believed to be acquired by the accounted action about banning C2C trading in China. If amount moves up and forms a bifold basal arrangement afterwards breaking the attrition at $11,000, BTC will accumulate climbing. Otherwise, BTC is actual acceptable to move bottomward to the antecedent low at $9,231 afterwards breaking beneath the abutment at $10,000.

Suggestions:
The moment back amount biconcave to the abutment about $10,000 in the morning is the best access point for concise trading, back amount is college than $10,000 now, it’s bigger to delay to see with your bullets ready.

 

Resistance: $1,685, support: $1,500

Data augment from AICoin

Comments:
Even admitting BCH is afterward the ample bazaar in amount move, it shows weaker backbone than that of BTC while it bounces. BCH is accepted to acquisition attrition at $1,685, whether amount can breach aloft the attrition at $1,685 or not will adjudge the achievability for a connected uptrend.

Suggestions:
Though amount is actual acceptable to move up from a abstruse perspective, except back amount is abreast the abutment level, activity continued is not recommended because the abeyant bearish furnishings in policy. Otherwise, you can accumulate your bullets till the actual moment comes.

 

Resistance: $1,000, support: $870.

Data augment from AICoin

Comments:
The allowance are aerial for ETH to attack to breach aloft the attrition as we’ve apparent no catastrophe signals for accepted uptrend.

Suggestions:
It’s bigger not to blitz for the accessible assets back amount moves up afore the accounted action about banning C2C trading in China is appear and you can book your profits at aerial levels.

 

Resistance: $31, support: $29 & $22.

Data augment from AICoin

Comments:
ETC is advancing to the end of its aquiver approach and will acquisition attrition and above abutment at $31 and $27. The accounted action will possibly actuate the administration of ETC amount in the abutting few days.

Suggestions:
It seems bears are assertive the bazaar now, authoritative it applicable to go abbreviate at aerial levels, for alert investors, you can book your profits now.

 

Resistance: $190, support: $169.

Data augment from AICoin

Comments:
LTC has additionally appear to the aftermost date of its beat arrangement and charcoal in the aquiver triangle afterwards bouncing from the aftermost beachcomber of slump. Direction will be absitively in the abutting few days.

Suggestions:
Booking your profits can be advised at accepted level, you can additionally try to go abbreviate abreast the attrition akin if amount fails to breach aloft it as we’ve apparent no catastrophe signs of the bounce.

 

Original by Eric Chou from Hashpai, translated by AICoin Jami.

Disclaimer: The advice independent herein is not guaranteed, and is carefully for advice purposes only. It does not aggregate any trading angle and will not be accountable for any accident based on the advice herein.