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There is a clear stochastic buy signal turning from deep the oversold territory in NEO, LTC, Lumens, NEM and EOS/USD charts and this of course means buyers are now entering the trade. If this momentum amounts to something, then we expect prices-especially in LTC/USD to surge past $170...
Interesting developments over the last 24 hours and one noteworthy development is how alt coin NEO and LTC buyers are slowing down. For recovery, we need price pressures and most importantly close above middle BB in both cases. Talking of break outs, it’s only Stellar Lumens that is...
Today, our altcoin analysis should be on Stellar Lumens inverted head and shoulder pattern and how buyers might be loading up their long positions. It’s all on maybes especially now we know that the trend is bearish right from the top. Anyhow, if it continues this way, the...
Of all the cryptocurrencies, NEO remains resilient and seem to rebuff all attempts for lower lows. We cannot say the same of NEM, IOTA or even LTC because as it is, the candlestick pattern looks like a minor bear break out and resumption of sell pressure. On the...
Safe from stagnation at key resistance levels, most alt coins are inching higher. From price action, DASH recovery looks to be on course as buyers push prices higher. This was likely to happen. Relative to other coins, DASH bore the wrath of sellers after that serious dip to...
Most alt coins are correcting and even in the midst of all this bear pressure, NEM slow down reveals potential support at $0.53. It might be temporary, who knows but similar traits can be seen in several other alt coins including IOTA, LTC and DASH. Of course catching...
As NEM tests $1.5, other high cap alt coins continue to consolidate. IOTA leads the pack while DASH and LTC follow closely but all of them wide lower and upper limits. As for Lumens, buyers can only take charge the moment they satisfactorily close above $0.7. Let’s have...
Back to physics and LTC Hooke’s Law is what’s in play folks. From historical price set ups, the longer the stretch, the stronger the break out and I have emphasized that enough times. So maybe you should look at buying NEM, IOTA and Monero especially if it closes...
Are these bear flashes important for NEM buyers? Maybe, maybe not. In fact the deeper, the better and for most coins, we now need simple confirmations before we initiate longs. A point in case is LTC, DASH and Monero. These are BTC alternatives which have been on the...
It’s no doubt that it IOTA has been on a rough patch with sellers pushing prices lower. However, after that close above $4.2, just buy IOTA. Yes, and while at it aim for $5.5. Of course, after last week’s higher high, retracements and break outs, I was hoping...
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