AFTER ALTCOIN SURGE, BTC HARD FORK, DASH PRICE NOW CONSOLIDATES
technical analysis

AFTER ALTCOIN SURGE, BTC HARD FORK, DASH PRICE NOW CONSOLIDATES

THELOGICALINDIAN - From yesterdays alt bread abstruse assay we agenda that DASH Amount and added pairs are still accumulation or acclimation lower This alteration was accepted as history shows agnate trends afterwards a abrupt fasten in prices Lets analysis amount activity of added alt bill as it happened yesterday

For two trading canicule afterwards alt bread LSK broke aloft attrition trend band and the 20 aeon MA, LSK prices accept been actively retesting the aforementioned attrition area it bankrupt on 24.10.2017. One has to agenda those continued lower wicks of 25.10.2017 and 26.10.2017 hinting LSK balderdash pressure. LSK amount activity is still aural a $2 ambit and a breach aloft $6.3 or 24.10.2017 highs will be significant. If USD bears absolutely does that, our abutting economical ambition will be on 01.09.2017 highs of $8.5. For now, we still authority on to LSK bullish view.

DASH amount continues to consolidate horizontally, benefiting scalpers. If anything, there is a bright three falling adjustment candlestick arrangement with amount activity captivated aural a $68 ambit apparent by 24.10.2017 Hi-Los. By 26.10.2017 close, the acceptation of the 20 aeon MA as a reliable attrition band became clear. As mentioned yesterday, that was the 26th trading day of candlestick abutting beneath that adjustable attrition band afterwards 01.10.2017 abutting below. DASH amount activate will depend if there is bullish burden blame prices aloft $310 or abiding DASH burden beneath 25.10.2017 lows of $260. Either way, this alliance and alteration low afterwards Tuesday 3 day changeabout arrangement still justifies our bullish bump unless maybe USD beasts trend college and advance DASH prices beneath $260.

In this pair, IOTA prices accept adapted lower while carefully trending aural a $0.05 and basic abbreviate days. This IOTA amount alteration additionally accepted a falling three-method arrangement forth the 20 aeon MA band over a three day span. Furthermore, IOT prices accept bootless to affirm 24.10.2017 accepted Balderdash Run as amount activity is consistently closing beneath the attrition trend line. Going forward, IOT prices charge to abutting aloft $0.47 if there is any achievement of IOTA rally. Additionally, back we are in the 3rd division and the abject of a balderdash flag, we shall booty a delay and see access and beam what happens to IOT prices as it reacts to that dragon fly doji of 23.10.2017 at $0.34.

Monero is absolutely in  alliance mode. Despite that bifold bar changeabout arrangement on 23 and 24.10.2017, USD beasts accept been acknowledged in preventing Monero amount appreciation. That 20 aeon MA is acting as a reliable attrition line. In actuality a bright cairn doji was formed on 25.10.2017 hinting USD balderdash pressure. However, if you had entered continued afterwards abutting of 24.10.2017 Monero balderdash candlestick, your booty accumulation ambition at $100 would accept been hit. Current Monero prices action a admirable buy opportunity. In the aftermost two trading days, we can see those continued legged dojis signaling Monero buy pressure. Additionally, those alternation of Monero college highs about to the lower BB hints added buy pressure. So, with these abstruse combinations, there is a ability of a Monero amount appreciation.

NEO amount activity is still in a $10 range. As continued as there is no dip beneath $24, beasts are in charge.  So far, stochastics are alloyed with bullish skew. Therefore, we still advance that $28-$30 ambit is a admirable affairs zone. Other than that able breach out on 24.10.2017, NEO beasts alone acutely with yesterday’s candlestick closing as a buck at $28 but concluded up testing $26. Close aloft $30 or aloft 24.10.2017 highs agency NEO beasts are in charge.

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