Read our daily update to get the latest trends and investment suggestions for crypto!
Mainstream Currencies 24hrs Lookback
- BTC maintained consolidation in the resistance level after reaching $3900. Investors should observe if the resistance price is tested at $4000.
- ETH pulled back in today’s morning session after reaching the resistance price $150. Investors should observe if the support price can stabilize at $140.
- EOS experienced a retracement and stabilized above $3.500 yesterday. Investors should observe is the support price of $3.00 can stabilize.
- XRP pulled back after yesterday’s rebound, hovering around $0.323. Investors should observe the rebound trend.
- BCHBAC looks weak than other mainstream cryptocurrencies. Investors should observe the trend around $140. The market is likely to maintain consolidation.
- LTC resumed a retracement. Investors should observe if the downtrend stabilized in the 5-day moving average support price. If rebounds, investors should observe if the resistance price can break $50.
SUGGESTIONS
- BTC $4100~$3850 |Long positions at support and Short positions at resistance
- ETH $150~$140| Long positions at support and Short positions at resistance
- EOS $3.820~$3.450| Long positions at support and Short positions at resistance
- XRP $0.3350~$0.3129|Long positions at support and Short positions at resistance
- BCH $155~$140|Long positions at support and Short positions at resistance
- LTC $50.20~$45.50| Short positions at resistance
KK RESEARCH OPINION
The crypto market maintained consolidation yesterday. maintained consolidation in the resistance level after rebound. Investors should observe if the uptrend can continue. Mainstream maintained consolidation after rebound. Short positions are not recommended before the 5-day moving average support price going down. The 5-day moving average support price will be broken first when the market sees corrections.
QUANTITATIVE LONG/SHORT INDICATOR
Disclaimer
The information found in this article is based on actual facts and figures and analysed with an objective lens. It is NOT intended to be advice, recommendation or invitation to trade, and the company does not guarantee any results based on the content of this article. Any losses shall be bourne by the users of this article at all costs.
Published at Wed, 20 Feb 2019 04:13:35 +0000
