THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
Over two canicule and able buck aggregate spikes-at 1M, amount activity bankrupt through abutment trend line. Stochastics are still bearish and if amount manages to breach beneath the 20 aeon affective boilerplate today, again the aboriginal buck ambition at $20 will acceptable be hit. Minor Abutment akin of $26 is acting like a neckline in that M-formation. Brash from this abstruse formation, sellers initiating abbreviate positions in lower time frames should abode a safe stop accident aloft yesterday’s highs of $34 while those who shorted bygone are brash to move their stop losses to breach even. Refer Figure 1 (above): NEOUSD-Daily Chart-10.10.2024
DASHUSD TECHNICAL ANALYSIS
As yesterday’s candlestick closed, a bearish breach out was confirmed. Yesterday’s candlestick was important not alone because of that buck validation but by its built-in characteristics. Agenda the buck aggregate spikes breaking aloft circadian boilerplate ambit acceptation yesterday’s activity was abounding of buck participants who collection prices lower. Secondly, agenda how lower and high BB are addition in acknowledgment to added volatility-price activity confused $70 bygone in adverse with circadian averages of about $40. In accomplishing so, the aboriginal Take Profit akin at $270 was hit. As amount activity aligns with the lower BB-classic BB banding, sellers should be in charge. Second attrition angry abutment akin of $220 should be the abutting target.
IOTUSD TECHNICAL ANALYSIS
Immediate abutment of $0.50 was burst through bygone as amount oscillated lower. As amount activity continues to bandage forth the lower BB, agent drive as apparent by the academic buck arresting and buck aggregate spike-should continue. Given the buy-seller dynamics, the aboriginal akin of able amount acknowledgment is accepted at 04.09.2024 and 15.09.2024 lows of $0.36. $0.36 is the lower ambit of our booty accumulation area on the circadian blueprint and that is the ideal booty accumulation level.
MONERO-XMRUSD TECHNICAL ANALYSIS
Finally, as yesterday’s candlestick closed, amount activity was additional by buck volumes and acicular $8. In accomplishing so, there was a breach out beneath the abutment trend band and the wedge. Amount additionally managed to abutting beneath the 20 aeon affective boilerplate and the momentum-sapping BB squeeze. Like all added aloft alt-coins, you can see agent drive is aerial as lower BB amalgamation begins to booty shape. Buck targets at $80 and $60 are viable. As we were cat-and-mouse for this buck breach out, a safe stop losses should be aloft yesterday’s highs of $90.
LSKUSD TECHNICAL ANALYSIS
Yesterday’s candlestick was analogously akin amid sellers and buyers as it bankrupt as a doji. There was additionally a retest at $5.0 which is the abutment angry attrition trend line. However, the lower BB amalgamation afterwards yesterday’s abutting agency USD appeal is high. $4 charcoal a buck ambition but today’s abutting and attributes of participants-buyers or sellers-will actuate the short-to-medium trend of this pair.
