We anticipate a trend reversal above $250. Therefore, traders can buy on a close above $250 with the stop at $188. The first target is a move to $322.If the ETH/USD pair turns down from either of the overhead resistances and breaks $188, it can retest the support at $167.32, below which the fall can extend to $136. We suggest traders wait for the breakout before initiating any long position because the price action inside the range can be random and volatile.
Such a move can push prices to the next support zone of $0.38838-$0.37185.
Traders can protect their long positions with the stops at $400.The digital currency will resume its downtrend if the price breaks down from $408.0182.
The next support on the downside is at $300.EOS/USDThe bulls have again managed to hold the support at $5. Currently, EOS has risen back to the moving averages, both of which are flat.
Traders who are holding long positions can keep their stops at $4.90.XLM/USDThe bulls held the trendline support on Oct. 31.
Currently, Stellar is attempting to scale above the moving averages.
As the support has been holding up quite well, aggressive traders can bet on the long side above the 20-day EMA, keeping the stop at $47. The first target is a move to the downtrend line where partial profits can be booked.
If the support breaks, the ADA/USD pair can slide to the next support at $0.060105.
Such a move can plunge the XMR/USD pair to the next support at $81.On the other hand, a breakout of the 20-day EMA will push prices to the 50-day SMA, above which a rally to $150 is probable.
Traders can buy after the price scales $0.03.On the downside, a breakdown of the range will resume the downtrend that can sink prices to the next support at $0.01095383.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 2
에 게시 됨 Nov 2, 2018
by Cointele | 에 게시 됨 Coinage
Coinage
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