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IOTA (MIOTA)
The IOTA (MIOTA) has been in decline in the last 24 hours. In this period, it rose from a maximum of $ 0.290 to a minimum of $ 0.251. However, in the last hours, he made a slight withdrawal at around $ 0.259. But this pullback failed to push it past the last bearish candle to $ 0.269. This is an indicator that bears still have control of the market. To go short on IOTA (MIOTA), it would be better to wait for a break of less than $ 0.251. This would confirm that bears still have control and a trigger to shorten with a target of $ 0.232. This is a key support level for IOTA (MIOTA) on the weekly chart, a possible reversal point for the IOTA (MIOTA).
However, in the scenario where the IOTA (MIOTA) cancels the last bearish candle at $ 0.269 and extends beyond the 55-day MA to $ 0.277, it would be an indicator of short-term bullish sentiment. This would be a trigger to go long with a target of $ 0.287 on the 200-day MA. If it breaks above this level, it would be an indicator that the bulls are gaining strength and could lead to a possible rally at $ 0.316. This is a maximum of 72 hours and a possible exit point from a long position.
Ethereum (ETH)
Ethereum (ETH) has risen in the last 24 hours from a maximum of $ 115.41 to a minimum of $ 102.74. In the last hours, Ethereum (ETH) made a slight withdrawal at $ 104.76 but failed to maintain. This is an indicator that bearish sentiment is still strong. To go short to Ethereum (ETH), it would be better to wait for a break below the day minimum of $ 102.74. This would be an indicator that bears have fully under control, and Ethereum (ETH) could test $ 102.58. This is a minimum of 2 weeks and a possible exit point from a short position.
However, in the scenario where Ethereum (ETH) pushes above the 12-hour high of $ 110.06, it would be an indicator of short-term upside sentiment and a trigger for long-term. This position would have a good exit point for $ 115.04. This is a key resistance level on the 200 day MA.
Litecoin (LTC)
Like all other cryptos, Litecoin (LTC) has had a downward trend. It fell from a high of $ 32.57 to a minimum of $ 29.18. In the last 3 hours, it has stabilized at $ 29.64, although sales volumes are still high. To go short on Litecoin (LTC), it would be better to wait for a break below the day minimum of $ 29.18. This would be a signal to shorten with a goal of $ 27.55. This is a minimum of 2 weeks and a possible exit point from a short position.
On the other hand, if Litecoin (LTC) pushes above the 12-hour high of $ 31.31, it would be an indicator of an increase in bullish sentiment. This would have a good exit point at $ 32.78 on the 200 day MA. If Litecoin (LTC) pushes above this level, it could rise to $ 35.70, which is a maximum of 72 hours, and a possible exit point from a long position. A boost above this would have marked the return of the bulls in the market.
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