THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
As yesterday’s candlestick closed, our accessory attrition akin at $35 had been burst with amount activity testing attrition trend band at $38. It activated that akin afore abandoning lower. Amount confused $9 basic a bifold bar changeabout arrangement or a buck engulfing pattern, whichever arrangement you would prefer. Also apprehension that this arrangement was accompanied by aloft boilerplate volumes which acicular to 1M. By basic this candlestick, a bifold top was accepted afterward agnate amount activity arrangement on 02.10.2024 and 03.10.2024. For bears to be absolutely in charge, conservatives should delay for a breach beneath abutment trend band at $29. Should it appear with able volumes at or aloft circadian average, again intraday traders can admit shorts in lower time frames. Already, there is a academic advertise arresting which gives a adumbration that buck drive is still high. Refer Figure 1(above): NEOUSD-Daily Chart-09.10.2024
DASHUSD TECHNICAL ANALYSIS
So aloof like NEOUSD, there is a bright aperture beneath abutment trend band with added buck volumes. Yesterday, 33K bears jumped in, that was 5K added orders on boilerplate over the aftermost 3 or so trading days. You additionally agenda that stochastics angry lower afterward the aperture beneath abutment trend line. Today, bears should access abbreviate abnormally if amount activity aperture $286. Our targets abide banausic at $270 and $220.
IOTUSD TECHNICAL ANALYSIS
The 20 aeon MA is acting as a reliable attrition trend band and as amount activity consolidates amid $0.55 and $0.50, our accumulation ambition charcoal unchanged. Overly, I ahead advertise drive to abide over the abutting few trading canicule now that volumes are stabilizing. $0.50 charcoal our actual abutment akin and if broken, again aim for the lower ambit of that booty accumulation area at $0.36. Safe stop losses should be placed aloft $0.55, which is the 20 aeon MA.
MONERO-XMRUSD TECHNICAL ANALYSIS
So far, alike admitting buck drive is still high, amount activity is still aural the BB clasp and accumulation appear the acme of that wedge. Additionally, there is about no movement as amount activity is aquiver a actual attenuated $2 which is adverse to the boilerplate $7 amount change a day. In the aftermost 4 days, there accept been a alternation of lower low about to the high BB and a backlash from the 20 aeon MA which is now a adjustable resistance. Any breach aloft $94 and consistent abutting aloft attrition trend band will invalidate our buck bump abnormally if it is accompanied by able balderdash volume. For now, sellers should aim for actual abutment at $81 while befitting an eye at accord levels as apparent by volumes.
LSKUSD TECHNICAL ANALYSIS
Our 06.10.2024 breach out was accepted on 07.10.2024 and bygone back those two buck soldiers were printed. First off, our accessory abutment at $5 was accursed through bygone as sellers jumped in. Note those aerial volumes-at 650K aloft the circadian boilerplate of 500K. Secondly, the lower BB candlestick hugging. The closing is decidedly apocalyptic of aerial drive and back the contempo arrangement is a archetypal blemish with a retest of abutment angry attrition trend band at $5.5, I apprehend added buck body up. Target abutment band at $4.0 and move stop accident to breach even.
