Dash coin, Electroneum, Verge

Ethereum Classic (ETC)

Ethereum Classic (ETC) has been slightly bullish in the last 24 hours. It has pushed from a low of $9.13 to a high of $9.47. The bullish sentiment around Ethereum Classic (ETC) is confirmed by the fact that it has crossed above the 200-day MA at $9.26 and sustained above it for over 10-hours. To make a long entry in IOTA (MIOTA), it would be best to go wait for it to push back above the day’s high of $9.47. Such a position would have a good exit point at $10.13. That’s the next key resistance level for Ethereum Classic (ETC). It has reversed at this price level in the last 2-weeks, and it could be a good exit in the day.

However, in the scenario that bulls lose momentum, and Ethereum Classic (ETC) breaks below the 200-day MA at $9.26, it would be an indicator of a possible bearish reversal.  In such a case, a short entry would hold the highest probability for gains in the day.  That’s because there would be the likelihood that Ethereum Classic (ETC) could test $9.06 in the day. That’s a key level at which, Ethereum Classic (ETC) has consolidated at in the past week, and one at which, it could reverse at, in the next 24-hours.

IOTA (MIOTA)

IOTA (MIOTA) has been slightly bullish in the day. In the last 24-hours, it has established support on the 200-day MA at $0.473 and pushed to a high of $0.489. However, it seems to be struggling at this level, and could possibly reverse. To go short on IOTA (MIOTA) it would be best to wait for a break below the 21-day MA at $0.479. This would be confirmation that bears have taken over. Such a position would possibly have a good exit point at the 24-hour low at $0.469.

However, if bulls sustain their current momentum and push it above the day’s high of $0.489, it would be confirmation of a possible bullish push in the next 24-hours. A long position at this price level would have a good exit point at $0.494. That’s on the 3-hour 200-day MA, a level at which, IOTA could possibly lag in the next 24-hours.

Zcash (ZEC)

Zcash (ZEC) has been relatively bullish in the last 24-hours. It has pushed from a low of $116.44 to a high of $121.56. Its bullish sentiment is confirmed by the fact that it has pushed above the 200-day MA resistance level, and has been trading above it for the last 9-hours. To make a high probability buy order in Zcash (ZEC), it would be best to wait until it pushes above the day’s high of $121.56. This would be confirmation of bullish sentiment and a possible rise to $123.85. That’s the last price it has reversed at, and on that could be a good exit point from an intra-day buy order.

However, if Zcash (ZEC) negates the last bullish candle and extends below $119.35, there is a probability that it could drop. This would be confirmation to go short with a target of $118.04. That’s the next key support level on the 200-day MA, and one where it could possibly reverse.

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