By Saturday the situation on the crypto-currencies deteriorated somewhat. TRON, among the top cryptocurrencies are still in the lead at the end of trading for 7 days: +4.7 per cent. The rest of the drawdown from 3.5% to 17.5%. The biggest drawdown from Cardano. Since the beginning of the trading day, all in black from 0.4% to 3.8% in addition to the Stellar. This asset is losing 0.9 percent.
Purchase within the day can be viewed under the condition that the auction comes to a range of $7520-7530. To keep the purchase to $7800. Reversal, as such, yet, because the goal of $7800 is not straightforward to implement. If a spike happens, the market may once again take a minimum of weeks.
In addition, keep in mind that the overall reduction may to February 2018 – $6980.
The falling trend from may 21 ends with a breakdown. Growth restriction might be near $600. At the break up and topped up with purchases up to $670. When you hang down from $600 – selling for $570.
Can be called one of the most “obedient” of assets from the point of view of technical improvement. Everything goes according to plan. Purchase opened after the break up to $11,500. The downward correction on Friday has already been passed and now resumed the upward movement. As discussed earlier — a break-up of the local maximum for the may 25, promises to rise with the first target to $13440.
$236,70 can be considered a key support. The $260 worked for himself as a striker for the first time touch, but didn’t reversal for the asset.
Within the day, today and tomorrow, purchase from $236,70 to $260.
We were right again and were not disappointed by the behavior of the market. So, the day before, Thursday, we saw that the found strong local support, but this did not prevent the pair to update at least on Friday, may 26. That is, as before, seems to start the growth is visible, but for more confident statements that the couple will give a correction at least to the level of $183 want to see one day of growth.
Maria Salnikova, an independent currency strategist, especially for CoinSpot
My channel for traders with trading signals in real time: http://clc.la/mariacoinspot
The review reflects the subjective position of the analyst Coinspot subject to personal trading style. Trading operations with cryptocurrency are increased risks due to the nature of the market. The editors are not responsible for your trading decisions and recommends trading only to those funds, the loss of which will not be critical.