We had suggested booking partial profits at $9,200 levels in our previous analysis and keeping the stops on the rest at breakeven.
If our expectation is proven correct, the virtual currency should again attempt to break out of $10,000 and rally to $12,000 levels.
If the support holds, we should see another attempt to rally to $745 levels.
The BCH/USD pair is currently taking support at the $1,200 levels.
If the support holds, we should see another attempt to rally to $1.08 levels.
It broke out of the $160 levels on April 24 and triggered our buy levels proposed in the previous analysis.
If the LTC/USD pair does not find support at the downtrend line, the moving averages, and the horizontal support at $141.026, it will become negative and can even slide to $115 levels.
We recommend retaining the stop loss at $140.If either of the above-mentioned support levels hold, we might see another attempt to break out of $160.ADA/BTCThe consolidation in Cardano has resolved on the downside.
Though the NEO/USD pair broke out of the $80 levels on April 24, it could not sustain it.
If the digital currency bounces off the moving averages, it will again attempt to break out of $80. Our targets are $94 and $140.EOS/USDEOS continued its bullish move and surpassed our target objective of $13. Though we expected it to face stiff resistance at $14, it touched an intraday high of $16.1460 levels on April 24.We had suggested to trail the stops higher in our previous analysis.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 25
gepubliceerd op Apr 26, 2018
by Cointele | gepubliceerd op Coinage
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