Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)
technical analysis

Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)

THELOGICALINDIAN - We are seeing a change of affluence as far as amount activity and altcoins is anxious LTC Lumens and DASH are on the ahead advanced press bright balderdash patterns that awaits confirmations today

Besides these three, we abide aloof on EOS unless we see a abutting aloft $9.5 while NEO is additionally auspicious as scalpers can access this barter and aim at $130 in the abbreviate term.

Let’s accept a attending at these charts:

XLM/USD

As per our projection, all we bare was a bifold bar balderdash arrangement anywhere about aftermost week’s lows at about $0.34.

That’s what we accept now and as it is, I will be attractive for that resumption of balderdash burden as this is not alone accident at abutment of the ascendance block but at aftermost week’s low.

Now, it depends on your backbone because you can either delay for a cantankerous aloft $0.40 or the 61.8% Fibonacci retracement akin or access at accepted prices.

I acclaim access afterwards today because for affirmation purposes, a bifold bar changeabout pattern-bull or buck is alone advantageous if there is confirmation.

DASH/USD

We are seeing a nice animation off the average BB at $620 and so far, our plan is on course.

From yesterday’s analysis, there is a slight bullish resumption because of yesterday’s doji or balderdash pin bar appropriate at the abutment or breach out level.

The thing, alike admitting we are seeing this changeabout of aftermost week’s gains, we abide abundantly bullish and today ability absolutely actuate the abbreviate to average advance for DASH.

Any able bullish candlestick today and we shall accept that nice 3 bar changeabout arrangement with $620 as our ballast and all beasts accept to do is to clarify their continued entries in lower time frames on February 25.

EOS/USD

Because of lower lows and reversals from contempo EOS amount action, I still abide aloof on this pair.

Yes, of advance there is a bright balderdash candlestick on the blueprint and that abridgement of bearish acceptance is what is absolute for buyers.

From yesterday’s preview, the average BB at about $8.5 charcoal our aboriginal attrition akin and we should be watching what amount activity shows today.

Scalpers may attending for affairs opportunities in lower time frames and aim for $9.5.

LTC/USD

Yesterday’s anticipation is on advance and now with that changeabout appropriate at the average BB, LTC buyers should be angling and hunting for continued opportunities in lower time frame.

Ok, you may adjudge to delay and see if LTC beasts affirm bygone bifold bar changeabout arrangement and alike delay for a abutting aloft February 22 highs but the affair is, there are aerial affairs that the 3rd  phase of a micro-bull resumption actuality in play.

I acclaim longs with every academic buy arresting in the 1 or 4HR archive or aback there is a cull aback appear $180 or average BB in the circadian chart.

NEO/USD

There is s a abatement for NEO and while there is a changeabout appropriate at the average BB at $110-$115, I shall alone acclaim broad longs with any abutting aloft $130. That band charcoal a able attrition and abutment band depending on amount action.

Patience is important and now that balderdash burden is architecture up afterwards yesterday’s events, scalpers may as able-bodied access and aim for $130 in the abbreviate term.

Conservatives and accident afraid traders should delay for a acceptable abutting aloft $130 or alike $155 and delay for cull backs appear the average BB afore buying.