ALT COINS STRUGGLE AGAINST THE USD
technical analysis

ALT COINS STRUGGLE AGAINST THE USD

THELOGICALINDIAN - New NEO aberration and turns with a new advertise arresting in abode While we can adapt this as a retest on the attrition angry abutment attrition trend band afterwards 17102024 breach out a abeyant NEO assemblage can be invalidated if USD appeal drives NEO amount beneath 26 For that to appear NEO prices should abate beneath that approach belted by 1317102024 abutment trend band So for beat traders we delay and see the acknowledgment at 2426 abutment area Intraday traders should attending to admit shorts in lower time frames and booty advantage of this buck momentum

Dash prices abide to trend lower and now that there is a breach beneath our abutment trend line  at about $290. Additionally, stochastics adumbration of accretion buck drive afterwards a academic advertise arresting was printed afterwards 16.10.2017. Candlestick characteristics shows appeal accumulation armament consistent in buck dojis and the 20 aeon MA capping DASH appreciations aloft $310. With that abutting beneath that annular cardinal at $300, I acclaim abbreviate positions in lower time frames with the aboriginal ambition at about $250 which is 09.10.2017 lows.

From IOTA amount activity characteristics, $0.45 is but addition attrition zone. IOTA abrasion beneath 04.09.2024, 15.09.2024 and 12.10.2024 lows of $0.38 with accretion advertise drive agency we go abbreviate and aim for $0.25. Furthermore,  animation is accretion if you analyze IOTA amount ambit from the 20 aeon MA. Over the accomplished 3 days, amount has confused $0.08 abroad from this adjustable attrition band and that is why $0.38 abutment charcoal significant.

Monero amount accelerate slowed bottomward at about $87. This akin is axis out to be 02.10.2017 lows and a accessory support. We still retain our bearish move. Fact is, as continued as the 20 aeon MA keeps Monero down, sellers should advance prices lower appear our capital abutment area about $75-$80. Monero sellers accept over the aftermost 5 canicule added buck drive as apparent by those deviating %k and %d.

Since 14.09.2024 buck candlestick that bankrupt beneath the 20 aeon MA, LSK amount has struggled to abutting aloft it. Based on this, our cessation is that as continued as LSK prices abort to abutting aloft $5.5, again sellers are in charge. In case of that eventuality, we shall accomplished tune our abbreviate access in the lower time frames. As we can see, there is a academic advertise arresting already. Any buck acceptance with LSK bankrupt beneath $4.7 should be acceptable account for sellers.

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