Other than LTC/USD, NEO, EOS, Lumens and even IOTA are moving higher. Even though yesterday’s lower lows in LTC should be a wonderful buying opportunity for buyers, sellers should be cautious and place stops above yesterday’s highs at around $220.
Other than that, EOS is on the upside and the bounce from previous resistance-now support has been spectacular. Let’s have a look at these charts: Some positive price movements from yesterday’s Lumens price action.
Even though I cannot really recommend entry for positional buyers until after a convincing break above $0.4, there is a reason for scalpers to fine tune their long entries in lower time frames. In fact they can enter in the 4HR chart now that there is a bullish break above the middle BB.
Good move but that is still below the middle BB and $0.40 in the daily chart. However, spreading long entries with every dip of prices can be a good strategy in the mean time.
Prices remain resilient and even after those emails, buyers are still confident with IOTA’s hashing function. Anyway, here is the thing, technically, prices look to be on an uptrend and supporting this is the shift of buy momentum as bulls are looking for a break above the middle BB and $2 today. Read more from newsbtc.com…
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