Ethereum (ETH), Litecoin (LTC), EOS, Bitcoin Cash SV (BSV): Good to Go – Crypto.IQ

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December 19, 2018 / by Bill Noble

The charts of the big coins have become positive.

Ethereum (ETH) went through the resistance at $ 102. There may not be a decline until Ethereum (ETH) reaches $ 117 (Figure 1).

    class = Figure 1

Litecoin (LTC) it also moves in a positive direction after moving above $ 31. There may be a bottom for the head and shoulders in place. This could make the bullish target $ 40 (Figure 2). At a minimum, the pure fact that Litecoin (LTC) could eliminate resistance to $ 31 is a good sign for the "low end" end of cryptographic space.

    height = figure 2

EOS it is also spreading. After eliminating the 23% retracement of the recent move down to $ 2.55, the next target could be $ 3.04 (Figure 3).

    class = Figure 3

Even the humble Bitcoin Cash SV (BSV) he is waking up. A "V" bottom on the spot and the bursting strength is impressive (Figure 4). If BSV can go up, any currency can go up.

Bottom line: You do not like these coins. You do not have to buy them. The technical damage in these coins was so massive that the retracement could be just as massive, especially in Ethereum (ETH). Crypto.IQ the sources have looked data suggesting "Nov / Dec there was a massive movement of ETH on the ICO portfolios. Fear of a shrinking track he was about to disappear altogether caused the exodus. "This implies that all those who were about to sell have already done so.

These coins are no longer able to retain the Bitcoin (BTC).

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