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Bitcoin (BTC)
Bitcoin (BTC) has been trading sideways in the last 24 hours, after reaching a maximum of $ 4218.8. In the last 6 hours, he pushed up, but the high of the day of $ 4218.8 seems to act as a key point of resistance. However, the purchase volumes are high, an indicator of the fact that the bulls could have control of the market. To go for a long time on Bitcoin (BTC), it would make sense to wait for a break above the maximum day of $ 4218.8. This would be a trigger for a long time with a target of $ 5,154, which is the next key resistance level for Bitcoin (BTC) over the 12 hours of 200 day MA.
On the other hand, if Bitcoin (BTC) fails to exceed the day high of $ 4218.8, it would be an indicator of the decline in upside sentiment. To go short on Bitcoin (BTC), it would be best to wait for a drop below the day minimum of $ 4044.9. This would be an indicator that bears have control of the market and a signal to sell. A short position at this price level would have a good exit point at $ 3975.3. This is a key support level for Bitcoin (BTC) on the 200 day MA.
IOTA (MIOTA)
The IOTA (MIOTA) has been quite volatile in the last 24 hours. In this period, it rose from a maximum of $ 0.384 to a minimum of $ 0.362 before returning to the high of the day. This saw a double bottom form, an indicator that the bears could regain control. To go short on IOTA (MIOTA), it would be better to wait for a break under the MA of 21 days at $ 0.371. This would cause IOTA (MIOTA) to fall to a day low of $ 0.362, which could act as support during the day. If you stop this level of support, then it could drop to $ 0.337. This is a key support level for IOTA (MIOTA) on the 3 day 200 day MA.
However, if IOTA (MIOTA) gains bullish momentum and pushes above the 24-hour high to $ 0.386, it would be a trigger factor to go long with a goal of $ 0.395. This is a maximum of 48 hours and a possible exit point from a 24-hour position.
Ethereum Classic (ETC)
After news of a 51% attack on ETC hit the market, this crypt has been bearish for the better part of the last 24 hours. During this period, it dropped from a maximum of $ 5.48, exceeded the 200-day MA for $ 5.31 and exceeded the $ 4.90 minimum. In the last 12 hours, he has withdrawn somewhat but failed to overcome the 200-day MA at $ 5.31, an indicator that the bearish sentiment is still strong. To go short on Ethereum Classic (ETC), it would be better to wait for a break below the day minimum of $ 4.90. This would be a trigger to go short with a goal of $ 3.66. This is a minimum of 3 weeks and a possible level of support for Ethereum Classic (ETC).
The downside, if Ethereum Classic (ETC) gets a bullish sentiment and pushes above the high of the day by $ 5.31, would be a trigger for going long. A long position at this level would have a good exit point at $ 5.47, which is a maximum of 48 hours.
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