Results of trading: the end of the week for altcoins?
Source:
Popular altcoins is full of positive fundamental factors. But if we can match it with growth charts coins? Trying to understand the examples from EOS , Stellar, Tron and Cardano by changing their prices. The analysis will tell you at what rate it is safe to enter into the niche and what stop loss is better to install.
theEOS
1-day chart EOS is encouraging, the coin is now heading to test the next resistance level. While the bears can't push price lower to level all the efforts of bulls from 15 October.
image Source — NewsBTC
Our previous predictions about EOS are still in effect. Overcoming the 7 dollars is recommended to open long positions. Recall, a good sign for growth is the increase in trading volumes during the breaking of the line.
theLitecoin
Over the last day Litecoin was one of the best investments in the top of Coinmarketcap. Cryptocurrency has grown almost 2 percent and is not going to stop. Fast growth to 70 dollars will allow the bulls to target the PAMP to 90 and even $ 110.
image Source — NewsBTC
On 1-day chart is near the nearest support zone. While there are no signals to a drain, and fundamental factors show growth. In any case, we recommend you to set your stop loss (for long) just below $ 48.
theStellar
This week XLM showed very well. Coin has grown at a staggering 17 percent, so sellers are trapped. They can't lower the price below to purchase the asset. He is now in the stage of accumulation.
image Source — NewsBTC
Our previous trading strategy on Stellar is still in force. Trigger to buy is slightly above 30 cents on the chart.
theTron
Tron also accumulate whales, if you want them to join. The Creator of the TRX Justin San is known for his ability to create hype on an empty place, which often led to explosive growth Aldona.
image Source — NewsBTC
Now the bulls can't give up their positions. Drop below 2 cents will signal the beginning of a new wave of draining, and yet it is recommended to refrain from trading Throne.
theCardano
1-day schedule Cardano is a perfect example of a bottom forming before the back above. Now the price of the asset «marking» around the line local downward trend.
image Source — NewsBTC
From below it is supported by the psychologically important line, at the level where you will want to buy this cryptocurrency. Risky traders can buy ADA at the market price.
The Analysis of graphs carried in .
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