Read our daily update to get the latest trends and investment suggestions for crypto!
Mainstream Currencies 24hrs Lookback
- BTC turned south in the recent 2 days and stuck within $3650-$3450. Investors should observe if the support price is tested at $3450.
- ETH showed a bearish trend in the recent 2 days. Investors should observe the consolidation around $110. If the support price drops, the next level will be at $100.
- EOS maintained corrections. The daily line may retrace to the support price of $2.250. Investors should observe the correction trend.
- XRP sloped down with the support price at 0.300. Investors should observe the trend around $0.300. Long positions are not recommended in the flat market.
- BCHBAC continued to go down with the critical support price at $110. If the support price drops, the next level will be at $100.
- LTC looked stronger than other cryptocurrencies couple days ago, indicating a downtrend in the bearish market. Investors should observe if the support price is tested at $30.00.
SUGGESTIONS
- BTC $3450~$3600 |Long positions at support and Short positions at resistance
- ETH $115~$105| Long positions at support and Short positions at resistance
- EOS $2.380~$2.250| Long positions at support and Short positions at resistance
- XRP $0.317~$0.290|Long positions at support and Short positions at resistance
- BCH $125~$110|Long positions at support and Short positions at resistance
- LTC $32.00~$29.00| Long positions at support and Short positions at resistance
KK RESEARCH OPINION
The crypto market saw corrections in the midst of volatility BCH, ETH and XRP hit the new bottom in today’s morning session. Long positions are not recommended because bears hold the advantage in the short term. Investors should observe the retracement trend. As for , it looks stronger now. Investors should observe the trend and observe if the support price is tested at $3450.
- 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 Mon, 28 Jan 2019 04:08:01 +0000
