DashCoin price declines calmly – Analysis - 23-10-2019
DashCoin price shows a slight bearish bias to crawl gradually towards our waited initial target at 64.40, and we expect the continuation of the decline to surpass this level and opening the way towards visiting 50.00 level as a next target, where the EMA50 forms a continuous negative pressure against the price.
Therefore, we will keep our bearish trend expectations on the intraday and short term basis, reminding you that the continuation of the expected decline depends on the stability below 73.30 level.
The expected trading range for today is between 60.00 support and 70.00 resistance
The expected trend for today: Bearish
Litecoin price returns to test the support – Analysis - 23-10-2019
Litecoin price trades negatively now to test 52.00 level again, waiting for breaking this level to confirm the extension of the bearish wave and targeting 40.50 level as a next station.
In general, we keep preferring the bearish trend in the upcoming sessions conditioned by holding below 60.15 level.
The expected trading range for today is between 45.00 support and 56.00 resistance
The expected trend for today: Bearish
Ethereum price completes negative pattern – Analysis - 23-10-2019
Ethereum price begins today’s trading with a clear negativity, to move away from the EMA50, and by looking deeper in the chart, we find that the price forms head and shoulders pattern that supports the continuation of the expected bearish trend in the upcoming period, and the price moves below the neckline of this pattern now, reinforcing the chances for achieving more of the downside moves today.
Therefore, the bearish trend will remain active conditioned by holding below 189.90, reminding you that our initial target is located at 149.10.
The expected trading range for today is between 149.10 support and 175.00 resistance
The expected trend for today: Bearish
Bitcoin price resumes the decline – Analysis - 23-10-2019
Bitcoin price trades with a clear negativity after testing 8265.00 resistance in the last sessions, to move below 8000.00$ barrier now, supporting the continuation of our bearish trend expectations in the upcoming sessions, targeting 7736.50 then 7490.00 levels as next main stations.
The EMA50 supports the expected decline, which will remain valid unless breaching 8265.00 and holding with a daily close above it.
The expected trading range for today is between 7500.00 support and 8200.00 resistance
The expected trend for today: Bearish