THELOGICALINDIAN - Depending on your angle this contempo NEOUSD buck run is aloof the additional beachcomber of a beyond NEO abrasion Pasting a Fibonacci retracement apparatus from 15092024 lows of 13 and 14082024 highs of 58 shows that 02102024 and 08102024 highs of 40 represents a 60 alteration from 13 NEO bears are in allegation as their is a breach beneath yesterdays accessory abutment of 28 A stochastics advertise arresting is additionally in abode complementing yesterdays buck animation which saw NEO move 6 In ablaze of this I apostle for NEOUSD abbreviate positions activity forward
Yesterday, USD beasts confused DASHUSD in two levels yesterday. First off, USD beasts were in allegation and the accessory abutment akin at about $290 was burst two. As abutment was broken, DASHUSD confused $54. Secondly, attending at the above-average buck volumes which pushed buck drive added arch to that stochastics advertise signal. You additionally apprehension that over the accomplished 7 canicule or so, DASH lower lows bankrupt beneath the 20 aeon MA. As there is a breach beneath abutment and a academic advertise arresting axis from over bought territory, I acclaim sells.
So, as per yesterday’s recommendation, IOTUSD abide to trend lower. USD beasts are blame prices lower and abnormally appear the lower BB about to the 20 aeon MA. Bear volumes surged, affective IOTUSD $0.05 and appear the abutment trend band of $0.38. As a USD bull, I will ambition $0.25 as participants are auctioning IOT at the moment.
Yesterday, I was quick to highlight how 02.10.2017 lows is axis out to be a accessory support. Well, it is. Even admitting USD beasts took over as today’s affair opened, it wasn’t the aforementioned yesterday. As a result, Monero bulls approved to accumulate Monero aloft $87 consistent in that bullish astern bang with continued high wick. Often, such candlestick characteristics adumbration at advertise pressure. That is why Monero prices are annoyed as I blazon this. So continued as prices are aural this $20 range, Monero sellers should aim at $75-$80 abutment zone.
LSK bears pushed prices beneath $4.7 which as indicated, was our accessory abutment trend line. As 20.10.2017 candlestick closed, our abutment breach beneath action had been met. Because LISK managed to break beneath $5.5- apparent by the 20 aeon MA and the attrition trend line, sellers should be in charge. LSKUSD sellers should aim at $4.1 abutment with added swings at $2.5.
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