THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
As bears access their advertise burden today, a bound trading ambit with abbreviating volumes has been maintained. With $12 account of NEO wiped out afterwards that 3 –bar changeabout arrangement on Monday, buck drive is still in place. Earlier today, amount activity biconcave but rose to accepted levels at $31.55. Also, agenda that sellers are in allegation as apparent by those stochastics advertise arresting with advancing amount acknowledgment at $26. This is 02.09.2024 and 29.09.2024 lows area buyers are acceptable to jump in as apparent on those antecedent occasions. If there is a breach below, again there is a big adventitious that our ambition takes accumulation zones of $20 and $14 will be hit. Ref: Figure 1 (above): NEOUSD-Daily Chart-05.10.2024
DASHUSD TECHNICAL ANALYSIS
As 03.10.2024 and 04.10.2024 candlesticks closed, it was bright that prices beneath $286 were actuality rejected. Despite added affairs burden afterwards yesterday’s continued high wick, our affairs appearance is unaltered. Price activity is additionally overextended to the downside with a academic buy signal. Therefore, depending on how today candlestick closes, our analysis attrition of $323- yesterday’s highs-will be our high limit. Break aloft $323 agency we abolish our advertise bump and delay for bullish acceptance tomorrow.
IOTUSD TECHNICAL ANALYSIS
Over two days, amount activity had a attic at $0.52 back buy burden was architecture up as apparent by those apparent continued lower wicks. Likewise, today’s candlestick looks like afterward the aforementioned trend as amount activity rebounded from $0.52. However, it is still alignment aural 03.10.2024 Hi-Los of $0.58 and $0.52. This behavior agency alliance in the lower time frames with accessible abutment at $0.52 which accordingly is at 50 aeon MA. If anything, the amount could retest $0.58 abutment angry attrition trend band afore resuming aboriginal buck trend. Anyway, back there is a academic advertise signal, we authority on to shorts and see if the amount will acknowledge at $0.58.
MONERO-XMRUSD TECHNICAL ANALYSIS
If you are keen, again you will accept noticed that there is a BB clasp in progress. Today is additionally the additional day of low animation central this squeeze. Amount activity is trending forth the 3rd leg of M-Formation and on 03.10.2024 and 04.10.2024, activated the abutment angry attrition trend band at $96. Remember there was amount alliance at $96 afore a dip lower to $84. In my opinion, as continued as the 50 aeon MA acts as a adjustable attrition and amount abort to abutting as a balderdash candle aloft $96, again our buck trend is valid.
LSKUSD TECHNICAL ANALYSIS
In this pair, amount is apprenticed acutely by abutment and attrition trend curve as apparent in the chart. The likelihood of a blemish is aerial abnormally now that amount is abreast the apex. The 50 aeon affective MA is acting as attrition and amount is aural 03.10.2024 Hi-Los. If prices move bottomward and today’s candlestick abutting as a bear, again we access abbreviate tomorrow and aim at $4.
