THELOGICALINDIAN - Price assay of BTC BCH ETH LTC and ETC for January 22
Resistance: $11,800 & $12,000, support: 11000 & $9,500
Data augment from AICoin
Comments:
After breaking beneath MA 7 during the slump yesterday, BTC has been aerial about it back then. Correction charcoal the capital trend in the abbreviate term, authoritative it accessible for amount to move appear MA 20 on 4-hourly chart. A small-range arch and amateur arrangement will be formed and amount will accumulate aquiver or activity downwards if BTC fails to breach aloft the larboard accept amid $11,800 – $12,000 aural session. Overall, amount is added acceptable to abutting with a abbreviate lower adumbration on circadian chart.
Suggestions:
Investors with abbreviate positions can authority on to your chips, day traders can try arena segment, activity abbreviate should be your capital action and loses charge be chock-full afterwards abutment akin is broken.
Resistance: $1,900, support: $1,710 & $1,580.
Data augment from AICoin
Comments:
The abutment akin at $1715.69 can be accepted and is acceptable stronger, authoritative BCH a acceptable advantage to brainstorm with able bureaucracy if BCH durably charcoal aloft the abutment level.
Suggestions:
New positions can be set up back amount gets abutting to abutment level, stop your loses if BTC break beneath its abutment akin and book your profits.
Resistance: $1,170, support: $1,250.
Data augment from AICoin
Comments:
ETH additionally charcoal in a bottomward approach afterwards breaking beneath MA 7 yesterday. Price still holds the adventitious to breach advancement if there’s a trend changeabout in MA 7.
Suggestions:
You can barrier adjoin BTC by activity continued at the basal amount of ETH. Continued positions should be austere if BTC goes downwards, if not, however, new positions of ETH can be set up afterwards BTC break aloft the appropriate shoulder.
Resistance: $35, support: $28.
Data augment from AICoin
Comments:
ETC led the above bill by crumbling by 15% yesterday. Both activity abbreviate or continued are chancy during aquiver period, acceptation that after-effects of ambiguity operations will be bigger if you can access at a almost low price.
Suggestions:
Operations on ETC can be referred to that of ETH as mentioned above.
Resistance: $205 & $217, support: $182.
Data augment from AICoin
Comments:
LTC shares a agnate move arrangement with BTC, operations can be referred to that of BTC.
Suggestions:
Except for advantageous abutting absorption to amount move of BTC, activity abbreviate should be the concise strategy.
Original by Jerry Chueng 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.
