THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
As yesterday’s candles closed, amount confused upwards by $8, a bright adumbration that beasts were in charge. That was not all, the 20 aeon MA which is the stochastics average bandage was burst and amount bankrupt aloft it. As stochastics buy arresting is already in abode and beasts marauding-check aggregate spikes, it’s no brainer that the alone assisting move is to go continued and aim the additional attrition akin at 45.00 alike admitting I still apprehend some acknowledgment at 35. Refer Figure 1 (above): NEOUSD-Daily Chart-28.09.2024
DASHUSD TECHNICAL ANALYSIS
Other than the assiduous amount stagnation and whipsaws, there was no austere animation in this pair. The alone notable aberration is that about-face of drive by stochastics to buy as amount activity bankrupt yesterday. I will reiterate that unless there is a cogent breach aloft or beneath above attrition or accessory abutment trend band with a aggregate fasten that is back I will admit a position in that corresponding direction. So far, I abide on the sidelines celebratory how accumulation and appeal antithesis anniversary other. As observed, out of 9 trading days, 6 canicule accept bankrupt as dojis in a bound ambit amid $311-lows on 19.09.2024 and $371 highs of 21.09.2024.
IOTUSD TECHNICAL ANALYSIS
As yesterday’s bullish candlestick closed, it was credible that the 50 aeon MA, the accessory abutment trend band and abbreviation animation all contributed to a range-bound amount activity over a 3 trading day period-from 25.09.2017-27.09.2024. During that time amount confused $0.05 with alloyed academic signals and chastened volumes. However, as the markets opened today, a bright buy arresting has formed and alone a breach and abutting aloft 0.56 agency we aim at $0.63 which is a attrition band and a balderdash target.
MONERO-XMRUSD TECHNICAL ANALYSIS
Price activity is charting college in this brace and best importantly, amount activity bankrupt aloft that 30-day attrition trend line. The accessory abutment trend band fatigued amid 22.09.2024 and 26.09.2024 lows angle and anatomy a abject for upwards movement. As yesterday’s candle closed, the amount has activated the 50 aeon MA at $100 and as drive about-face higher, added buyers will jump in and actuate amount appear the aboriginal attrition band at $107.
NEMUSD TECHNICAL ANALYSIS
As amount activity bankrupt on Wednesday, two things happened. The accessory abutment trend band captivated abiding for the 5th time in 12 trading canicule and at the aforementioned time amount activity bankrupt aloft the above attrition trend band and the 50 aeon MA afterwards 27 trading days. Bulls are in allegation as stochastics shows but again a assemblage of altered curve agency 0.25-0.27 is a attrition area area a able acknowledgment is expected. From the chart, this is area the above abutment angry attrition trend band meets with the 20 aeon MA. It is additionally a area area the amount was alone on several occasions in the accomplished two months. Because of yesterday’s balderdash bar, I will access continued in the lower time anatomy and aim for $0.27 and $0.30
