LTCUSD: LTCUSD Pair is not distinguished by high dynamics, in contrast to Bitcoin. Over the past couple laziness has lowered in price, about $0.5, which is less than 1%. The sellers continue to hold the market under control. This shows the Bollinger Bands where price is testing the lower band and the MACD is consolidating near the zero mark in negative zone. Updating the previous trading ideas, we recommend the opportunity to open a long position from $50 support for $60-$62.
ETHUSD: Second by market capitalization coin also showed weak dynamics yesterday extremely. Over the past two days, the coin was trading in the range of $210 — $222, the boundaries which can be defined as resistance and support. Also, according to Bollinger Bands, the advantage is on the side of the bears, and 200 period moving average is holding back the growth, not allowing the buyers to recover at least part of the lost positions. To enter a new position recommended from levels of $223 and $213, after the breakdown of the $222 resistance and rebound from the $210 support.
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