Place your bets: what Aldon will rise this week?

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2018-10-11 02:00:09

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Place your bets: what Aldon will rise this week?

The Trend among altcoins do not change for several months — Monero, EOS, Stellar, Cardano and Litecoin continue to fall steadily. It's possible that soon, cryptocurrency will please investors a good point to enter the market. A detailed technical analysis of their graphs is below.

the

EOS

Almost half a month asset konsolidiruyutsya under resistance at $ 6. At the moment the main support for cryptocurrencies is the line in the area of $ 5.

image Source — NewsBTC

At the moment to open a long or short position in the EOS just not worth it. Conservative traders are recommended to wait for a test of resistance near $ 7. The bearish scenario is a break of the support of $ 5 and a new sink.

the

Litecoin

Chart of Litecoin is strongly reminiscent of the EOS at this scale. Cryptocurrency konsolidiruyutsya in a horizontal channel, which stretches from 50 to 70 dollars.

image Source — NewsBTC

To start a new bullrun buyers need to confidently consolidate above the current resistance. Only after breaking $ 70 the asset will become interesting enough to start a long position.

the

Stellar

XLM in the Bank have recently appeared on another high-profile partnership — token Smartlands (created on the basis of Stellar blockchain) will now be used by Colliers for monetization industry real estate investments. Firm of Colliers represented in 69 countries worldwide, its revenues reached $ 3 billion in 2017.

image Source — NewsBTC

On 1-day chart cryptocurrencies gradually formed the shape of a bullish flag, further price movement will propel her to the resistance at 0.31 per dollar. Upon successful break of this line can already say about opening of long positions.

the

Cardano

After a period of consolidation the price Cardano finally went beyond the 2-month downtrend. However, the bulls are in no hurry to return to the market. A break of the downtrend have not led to a sharp increase, so this price movement may be vakauta.

image Source — NewsBTC

At the moment the main support of the asset is the level 7 cents. The immediate resistance area 12 cents.

the

Monero

Until recently Monero was just above the line of the local uptrend. Now the price got beyond the rising motion and entered the consolidation phase.

image Source — NewsBTC

To start a new global uptrend coin needs to break above $ 150. If it will fail in the near future, we can expect a pullback to support near $ 70.

Analysis of schedules prepared in altcoins .

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