THELOGICALINDIAN - At the moment Im aloof on best altcoins EOS and NEO would be my highlight this advancing anniversary and all we charge from NEO is to cantankerous aloft 130 or amend and breach beneath the abutment trend line
For EOS, sellers should analysis $5.8 on the downside but any anatomy of balderdash burden amid $5.8 and $7 should be a apparent loading point for buyers.
Let’s accept a attending at these charts:
XLM/USD
The accent of acceptance came to canyon afterwards February 24 Lumens candlestick.
Even admitting we had this acceptable bifold bar changeabout arrangement at the abutment trend band of our ascendance wedge, my advocacy was for a chase through afore entry.
That didn’t appear and instead prices are trickling bottomward appear $0.22 or the 78.6% Fibonacci retracement level. Before then, I apprehend prices to acquisition abutment at $0.30 and I will abide aloof with a bullish affection until afterwards there is a breach aloft $0.40 or $0.22 in the abutting advancing sessions.
For now, a alliance ability be the abutting affair as prices oscillate amid $0.40 and $0.22 with mid ambit abutment at $0.30.
IOT/USD
Over the accomplished 2 days, IOTA appraisal has been on the acceleration and that acknowledgment is axiomatic from amount action.
Of course, from my previous analysis, I abide aloof on this brace because prices are still a continued way from $3, my capital attrition band and buy trigger.
For now, alike afterwards yesterday’s aboriginal pump and abortion to abutting aloft the average BB, I still anticipate buyers are in charge. As such, if there is a accretion and prices acceleration aloft $1.95 or aloft yesterday’s highs, beasts can buy and aim for $2.2 which is our actual resistance.
EOS/USD
It looks like EOS sellers are still on the active bench and the best acceptable destination is $7, a key acknowledgment area and from which the bifold bar changeabout arrangement on February 5 and 6 is still benumbed on.
Besides that accessible projection, we should be agreement a agog eye on the accumbent alliance amid February 22 and 25 back they are our acting aerial lows.
Optimists can activate analytic for buy opportunities anywhere about $5.8 and $7 and if there is a change of affluence today and prices breach aloft $8.5 or the average BB, again $9.5 will be our buy activate as it has been the case.
LTC/USD
Let’s allocution of accessible spoilers for LTC now that buyers attending to be durably in charge. Fact is they are alike agriculture the 3rd appearance of a archetypal bullish breach out pattern.
Well, the aboriginal got to be accessible attrition at about $220 which happens to be appropriate about the 50% Fibonacci retracement level.
Today, I apprehend buyers to cantankerous and sustain prices aloft it. If not, again a cull aback appear the average BB is on the cards. From there we can as able-bodied balloon about prices testing $270 in the abbreviate appellation as LTC prices ability be bedfast aural $170 and $220 apparently in a consolidation.
NEO/USD
Honestly, I don’t see any arresting change in amount activity unless of advance you are talking about this alliance forth the average BB. Often, such move is a forerunner and a adumbration of accessible breach out in consistent sessions.
At the moment though, we still appealing abundant ashore with our antecedent assay and buyers can still comedy the backbone game.
$130 is our activate and any billow beneath the actual abutment trend band won’t be acceptable for sellers. Anyhow, let’s see what happens today.
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