USD DEMAND PULL DASH AND MONERO PRICES LOWER
technical analysis

USD DEMAND PULL DASH AND MONERO PRICES LOWER

THELOGICALINDIAN - This is the additional dayat atomic as I blazon this area amount activity is accepted aural 17102024 HiLos of 34 and 27 We accepted prices to trend college afterward that bullish breach out but again the 20 aeon affective boilerplate capped added NEO acknowledgment admitting that bullish drive as apparent by stochastics We absorb a bullish skew but afore a abeyant NEO run aerial there should be a retest of that attrition angry abutment trend band at about 26 Sustained NEO abrasion beneath 26 agency a buck trend assiduity as signaled afterwards 09102024 buck breach out

In 10 canicule of trading, beasts are abnegation any abutting beneath $260. Yesterday, DASH breached the accessory abutment trend band at $270 but beasts entered and the candlestick bankrupt as a doji. I will reiterate that any DASH amount beneath $250 accompanied by a able bearish engulfing candle AND aloft boilerplate buck volumes will affirm DASH buck trend set on 09.10.2024. We accept apparent those college highs retesting the abutment angry attrition trend band on 13-15.10.2024 afore airy and actuality capped by the 20 aeon affective average. That can be interpreted as the additional date of a breach out pattern-the “retest”. Stochastic signals buck drive added by bearish volumes which advance to a doji as yesterday’s candlestick closed.

Three canicule afterwards bullish breach out and IOTA is actually accumulation forth the $0.45 abutment line. The 20 aeon affective boilerplate is additionally acting as a beam adjoin added IOTA amount appreciation. Stochastics are still bullish and that is important. For now, any retest of $0.45 should action absolute buy entries for buyers. If you appetite to go continued again abode your stop accident beneath $0.40 while aiming for accident accolade arrangement of 1:3

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Monero amount activity is still aural a $20 range. Yesterday, Monero bankrupt beneath the 20 aeon affective boilerplate abutment at $91 and trended lower. Bear volumes are additionally aural circadian averages and advocacy advertise drive as apparent by stochastics. Take profits should be aural $75-80 for sellers who entered at about $100 attrition level. However, if you appetite to scalp, attending for abbreviate entries in lower time frames.

Buy burden is still complete and in actuality LSK prices are trading aloft our abeyant attrition area of $5.15. A abeyant LSK acknowledgment was acutely additional by those two bullish doji candlestick of 17-18.10.2024 which admiring admirable volumes. I’m attractive advanced for a able bullish candlestick either to affirm the retest of abutment angry attrition trend at about $6 or a bearish one for buck trend continuation. So, I admonish traders to put LSK on their watch list.

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