THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
After a circuit and accumbent alliance forth our bright attrition trend band and the 20 aeon MA, sellers took allegation and 12.10.2024 candlestick bankrupt as a bear. There is additionally a continued high wick bouncing off attrition and this agency we go abbreviate today. Place a stop accident aloft $32 and aim for that abutment area amid $14 and $20. Refer Figure 1 (Above): NEOUSD-Daily Chart-13.10.2024
DASHUSD TECHNICAL ANALYSIS
Notice the buck aggregate fasten on 12.10.2024 and amount abortion to abutting aloft the abutment angry attrition trend band at $320. So far, amount activity is affective college in lower time frames but as continued as it doesn’t abutting aloft $320 – a arena of able attrition area as apparent by that assemblage of analytical lines, bears will be in charge. After all, back amount activated abutment at $250, there has been no cogent trend accustomed rather than retests, whipsaws, and alliance which is assisting for scalpers. Sellers should abbreviate and aim for that abutment and aboriginal booty accumulation akin at $220.
IOTUSD TECHNICAL ANALYSIS
For any abutment or attrition akin to be assuredly broken, amount accelerate or acknowledgment charge be accompanied by the ample candlestick. Well, 13.10.2024 candlestick was huge, trading at a $0.10 ambit and bankrupt at $0.38. This bearish aggregate billow collection prices lower as 19M bears jumped in. At $0.48 highs, the attrition trend bandage at $0.50 stood and today it looks like amount activity will trend forth the lower BB, apparently bandage and abutting lower.
MONERO-XMRUSD TECHNICAL ANALYSIS
12.10.2024 candlestick bankrupt as a bear, axis abroad from the abutment angry attrition trend band at $86.3. From breach out arrangement sub-sections and trading strategy, there allegation be a retest and appropriate now, as amount activity trends aloft $87, it provides a absolute befalling to admit shorts in lower time frames. Looking at the volume, you can agenda that there has been a jump in volumes to about $20K, alone abolished by 09.10.2024 volumes which recorded 25K breaking aloft the circadian aggregate average. Both of them are additionally bears acceptation that bears are in allegation admitting the acting trend higher. Of course, accustomed the volatility, our buck projections will be invalidated alone back amount and beasts advance college and bankrupt acerb aloft $90 or the abutment angry attrition trend line.
LSKUSD TECHNICAL ANALYSIS
Two canicule of agrarian swings it has. Note that bearish aggregate advance as yesterday’s candlesstick closed. You will ascertain that as sellers jumped in, volumes acicular to 781K-way aloft circadian boilerplate of 585K and again boom, the circadian attrition trend band and the 20 aeon MA acted as a beam preventing added amount appreciation. Secondly, attending at how the antecedent academic buy drive has amorphous advancing acceptation buy drive is subsiding as prices about-face lower. This is axis out as a buck breach out with archetypal characteristics of that trading strategy. Best time was to abbreviate bygone as recommended with a stop accident aloft abutment trend band at $6.1. However, back swings are toning down, you can admit sells every time there is a retest of attrition trend band with actual booty accumulation akin at $4.2
