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DashCoin price faces the moving average – Analysis - 29-10-2019

Economies.com
2019-10-29 05:53AM UTC

DashCoin price finds difficulty to surpass the EMA50, waiting for more rise to test the bearish channel’s resistance around 80.85 as a main positive target.

 

Until now, the positive scenario still suggested on the intraday basis, reminding you that breaching the bearish channel’s resistance will extend the bullish wave to reach 100.00 as a next main target, while failing to breach will press on the price to resume the bearish track within the bearish channel that appears on the chart.

 

The expected trading range for today is between 70.00 support and 81.25 resistance

The expected trend for today: Bullish

Litecoin price around the moving average – Analysis - 29-10-2019

Economies.com
2019-10-29 05:53AM UTC

Litecoin price continues to fluctuate around the EMA50, which forms good negative pressure against the intraday trades, to support the continuation of our bearish overview, waiting to visit 52.00 level as a first target.

 

Note that breaking the mentioned level will extend the bearish wave to reach 40.50 as a next station, while breaching 60.50 will lead the price to test 70.00 level before any new attempt to decline.

 

The expected trading range for today is between 50.00 support and 64.00 resistance

The expected trend for today: Bearish

Ethereum price continues to fluctuate – Analysis - 29-10-2019

Economies.com
2019-10-29 05:53AM UTC

Ethereum price fluctuates near the key resistance 189.90 and still below it, and stochastic reaches the overbought areas now, which supports the chances of bouncing bearishly to resume the expected bearish trend on the intraday and short term basis, which targets 149.10 level as a next main station, reminding you that it is important to hold below 189.90 to continue the expected decline.

 

The expected trading range for today is between 160.00 support and 195.00 resistance

The expected trend for today: Bearish

Bitcoin price within a continuation pattern – Analysis - 29-10-2019

Economies.com
2019-10-29 05:53AM UTC

Bitcoin price’s recent trades confined within bullish pennant pattern that its signs appear on the chart, which means that breaching 9755.00 will provide good positive motive that supports the expectations of continuing the bullish trend on the intraday and short term basis, which its next target located at 10900.00.

 

Stochastic provides positive overlapping signal that we expect to motivate the price to achieve the required breach, thus, we will continue to suggest the bullish trend for the upcoming period unless breaking 9150.00 level and holding below it.

 

The expected trading range for today is between 9200.00 support and 10200.00 resistance

The expected trend for today: Bullish

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