IOTA (MIOTA)

After today’s drop that saw IOTA (MIOTA) test a low of $0.531, it seems to be on a rebound.  That’s because, in the last 12 hours, bullish sentiment seems to be gaining momentum. That’s because, IOTA (MIOTA) has pushed above the 200-day resistance level at $0.567, and has held above it for several hours.  For someone looking to make a buy order in IOTA (MIOTA), it would be best to wait until it breaks above $0.58. This would be confirmation of a bull run in the next 24 hours. A buy order at this price level would have an exit point at $0.64. That’s the last high it has hit in the last 4 days, one that is likely to offer a significant level of resistance in the next 24 hours.IOTA

On the other hand, if IOTA (MIOTA) breaks below the 200-day moving average at $0.567, and extends below $0.555, it would be best to go short with a target of $0.526. That’s a level at which, IOTA (MIOTA) has ranged in the past, one that would offer a good exit point from a short-term sell position.

Ethereum Classic (ETC)

After today’s market wide drop, Ethereum Classic (ETC) seems to have stabilized above the 200-day moving average at $11.05. It has held above this price level for the last 12 hours, an indicator that it could hold as a significant support level. This makes its current price range of $11.23 and $11.12 a good entry point for a buy order. Buying Ethereum Classic (ETC) at this price level would have an exit target of $11.60. That’s a major resistance level along the 21-day moving average, one at which, it has ranged in the day.Ethereum Classic

If buying pressure increases and Ethereum Classic (ETC) pushes above this price level, then the next major resistance level would be at $12.58, along the 12-hour 100-day moving average. However, if Ethereum Classic (ETC) breaks below the 200-day moving average at $11.06 and extends below the day’s low of $10.99, it would be more prudent to sell, with a target of $10.74. That’s the next major support level, one that could hold in the next 24 hours.

Dash (Dash)

Dash has been heavily bearish in the day, dropping from $205 to a low of $192.22. In this period, it has broken two support levels, the 100-day moving average at $202.13 and the 200-day moving average at $195.78. The pullback it has made in the last 4 hours, has not sustained above the 200-day moving average, and that’s an indicator that bears are in control. As such, if in the course of the day Dash breaks below its intra-day low of $192.22, it would be prudent to go short, with a target of $186.32. That’s the next major support level in the day, one that could hold for the next 24 hours.Dash

But, if there is a pull back above the 200-day moving average at $195.78, and it extends above $202, it would be best to go long with a target of $211.55. That’s a key resistance level in the day, one that could hold in the next 24-hours.

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$18.99
1 new from $18.99
as of November 16, 2018 9:08 pm
Amazon.com
Free shipping

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