Read our daily update to get the latest trends and investment suggestions for crypto!
Mainstream Currencies 24hrs Lookback
- BTC maintained consolidation within $3850-$3750 yesterday, stabilizing above the 20-day moving average. The market shows a bullish momentum. Investors should observe the rebound trend when prices stabilize.
- ETH maintained consolidation trend within $140-$130. The bullish trend will continue and investors should observe if the resistance price is tested at $140.
- EOS maintained consolidation with a tighter range. Investors should consider the trend within $3.250-$3.650.
- BCH may turn south with a weak bullish momentum. As short sellers are expected, investors are advised to close long positions when prices experience upticks》
- XRP retests the 20-day moving average support price. Prices have the potential to rise. Short positions are not recommended.
- LTC maintained uptrend. Investors should observe the trend within $42.50-$47.20 during consolidation.
SUGGESTIONS
- BTC $3900~$3750 |Long positions at support and Short positions at resistance
- ETH $145~$133| Long positions at support and Short positions at resistance
- EOS $3.650~$3.250| Long positions at support and Short positions at resistance
- XRP $0.3109~$0.3345|Long positions at support and Short positions at resistance
- BCH $125~$135|Long positions at support and Short positions at resistance
- LTC $42.50~$47.50| Short positions at resistance
KK RESEARCH OPINION
The crypto market showed sharp drops and broke several average support levels yesterday. The short-term market saw a bearish trend. Investors can consider short positions at resistance level when prices rebound.
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, 27 Feb 2019 04:39:43 +0000
