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Litecoin (LTC)
Litecoin (LTC) has been trading sideways in the last 5 days. This is indicative of low trading volumes in this crypt. It could also be indicative of bullish or bearish consolidation. Therefore, to trade on Litecoin (LTC), it is better to wait for a breakout. If in the next 24 hours, Litecoin will drop and push below the weekly support of $ 42.00, it would be more prudent to go short with a target of $ 40.97. This is the last minimum that has hit in the last 4 days and is a possible exit point from a short 24-hour position.
On the other hand, if Litecoin (LTC) spreads upward and pushes above the resistance of the week by $ 44.68, it would be better to go long with a goal of $ 50.94. This is a key resistance level for Litecoin, one in which it has reversed in the last week and one in which it could be delayed in the next 24 hours. In a scenario where Litecoin (LTC) pushes above this value, it could reach a maximum of $ 55.57 on the 12-hour MA at 12 hours. This could also mark the return of the bullish sentiment in Litecoin (LTC) which could see it gain even more.
IOTA (MIOTA)
In the last 5 days, IOTA (MIOTA) has been trading in a range between $ 0.426 and $ 0.408. To trade in IOTA (IOTA), it would be better to wait for a breakout outside this range. In the scenario where the IOTA bursts bullish and pushes over $ 0.426, it would be an indicator that the bulls have control of the market. This would be a trigger to go long with a goal of $ 0.456. This is a key point of resistance on the 200-day MA and a possible exit point from a 24-hour long position.
However, if IOTA (MIOTA) drops below $ 0.408, it would be better to go short with a goal of $ 0.389. This is the last minimum that hit in the last 4 days and a possible reversal point. However, if you push below this price level, you could possibly test the week minimum of $ 0.350.
Zcash (ZEC)
In the last 48 hours, Zcash (ZEC) is slightly bullish. He pushed a minimum of $ 106.07 to a maximum of $ 113.85. The bullish sentiment in Zcash (ZEC) is also confirmed by a moving average cross. The 21-day MA surpassed the moving averages of 55 and 100 days in the last 24 hours. This is an indicator of the fact that the price is gaining momentum on the upside and a trigger for moving forward on Zcash (ZEC). A long position in Zcash at this price would have a good exit point at $ 120.95. This is a key resistance level for Zcash (ZEC) on the 200 day MA.
On the other hand, if the bulls lose momentum and Zcash falls below $ 108.99, it would be an indicator to go short with a goal of $ 106.46. This is a key support level for Zcash (ZEC) and a possible exit point from a short intra-day position. A break below this level could see the last week's Zcash (ZEC) test of $ 100.83. Although this is unlikely given the strong impulse to buy in ZCash (ZEC) at the moment.
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