IOTA (MIOTA) has worked quite well in the last 24 hours. However, after reaching a high of $ 0.617, he came back and is now trading around $ 0.56 – $ 0.57, with the 200-day moving average offering strong support. For the last 3 hours, IOTA (MIOTA) has fluctuated above this moving average, an indicator that could support and provide the foundation for a long entry. But, before entering a purchase order for IOTA (MIOTA), it would be better to wait for it to break above $ 0.585. If there is a break above this level, it would be best to buy in IOTA with a goal of $ 0.69. This is an important level of resisance in the charts of the day, in which IOTA (MIOTA) may remain late in the day.
However, in the course of the day, if IOTA (MIOTA) breaks below the 200-day moving average at $ 0.563 and extends below the 55-day moving average at $ 0.559, it would be better go short with a target of $ 0.50. Low has hit in the last 3 days and could offer key support during the day, but if volumes fall, then IOTA (MIOTA) could go around $ 0.56 – $ 0.58 in the next 24 hours.
Yesterday, Litecoin (LTC) recorded significant gains in the market, which saw its overcoming of the 100-day moving average resistance limit and to $ 52.92. However, in the last 12 hours, Litecoin (LTC) seems to have lost that bullish momentum. Although it is still trading above the 100-day moving average, which now serves as a support. For a trader wishing to trade Litecoin (LTC) in the next 24 hours, it is best to pay attention to a break on both sides of the 100-day moving average at $ 52.92.
If Litecoin (LTC) breaks down below this level and extends below the 55-day moving average at $ 52.49, it would be better to go short, with a target of $ 47, 39 However, if there is an upside break above the last maximum of $ 55.77, it would be more prudent to go long, with a goal of $ 69.41. This is a key resistance level in the chart of the day, one at which, the price is likely to be late in the short term
Dash had a relatively good day yesterday, eh a maximum of $ 202 , 57. But today it has terminated and is now trading below the 200-day moving average at $ 188.05, which now offers key resistance. For a day trader, this is a good sign to go short, but it is better to wait for confirmation. The confirmation will come from a fall below the 55-day moving average at $ 185.73.
A short entry at this point would be ideal with a target of $ 172.75. In the last 3 days, however, if Dash's currency earns and revs the day's maximum of $ 200, it would be best to go for a long time with a target of $ 221. This is a key resistance point for Dash's currency in the day .