Technical analysis EOS, Litecoin, Stellar Lumens, IOTA, Tron


As the prices of the alt-in-fluctuations are fluctuating, the business plans continue to apply. While we remain bullish on most coins like EOS, Tron, Litecoin and IOTA, this last one shows a promise. Everything has to do with the development of the chain and with the Roman simulation show that it is possible for the tangle to reach consensus in seconds and process up to 11,500 TPS, IOTA investors should be optimistic – and they are.

Let's take a look at these graphs:

EOS Price Analysis

  EOS Technical Analysis

EOS Daily Chart for trading view

As the week ends, EOS is ending with a strong shake off the attempts of 30 August. While our business plan is growing and rising compared to what was established in the previous EOS price analysis, taking a cautious stance with the price close to the first level of resistance at $ 7 is ideal. After all, considering the general approach, prices are moving within a bear break-out model mainly triggered by August 8 bar-bear, it makes no sense to buy because the risk / return ratio is prohibitive.

Instead, a more sober approach is to wait for a reversal to $ 7 – now that prices are slowing OR a break in volume above $ 7 steelmakers and allowing buyers to flow into EOS with the first targets at $ 9 and after $ 15.

Litecoin (LTC) Price Analysis

  Litecoin Technical Analysis (LTC)

Litecoin Daily Chart for Trading View

Even with a four percent gain , it is obvious that the Litecoin bulls as in most coins are slowing down. Regardless of this, taking a temporary bullish position with a high expectation of a break above $ 70 will synchronize well with the highest highs set in motion from 17 to 27 August.

As explained in our latest LTC business plan, taking a neutral position and disrupting trade at the moment may present a better entry position once there is a trend that defines break outs above $ 70 or dips less than $ 50. If this is the case then the odds are LTC could go down to $ 30. The level is our previous bear objective in the process that reaffirms the third phase of a model of bear breaking.

Stellar price analysis

  Stellar light analysis (XLM)

Daily chart of trading star lumens

With respect to the previous moves, XLM is technically in interval mode. It moves within the monthly trend line covering tapping losses and 25 cents upward in a perfect wedge.

Although market buyers are losing ground, taking an optimistic approach considering that Stellar Lumens is swinging at historical levels of inversion when we glue a Fibonacci instrument between the lows of 2017.

Nevertheless, any move below the one that supports the trend line that asserts the bears will be an indicator of weak bulls. Conversely, a move below 18 cents will open the doors for 8 cents as highlighted above.

Tron (TRX) Price Analysis

From the News

  • The super hyped Tron & # 39; s Virtual Machine which says the foundation is light, faster, better and compatible with the pioneer of the Ethereum Virtual Machine market (EVM) is now live.

Technical Analysis

  Tron (TRX) Technical Analysis

Tron Daily Chart of Trading View

With a well-orchestrated marketing campaign, the launch of Tron's virtual machine has deflated for many anticipating "action and volatility".

Like their announcement of the previous beta version, TRX is slowly increasing and only increasing by 6%. This means that our trading plan is active. However, taking a more conservative approach today, as markets analyze the impact of EVM, especially on developers, it is better

For these reasons, we will remain neutral for today. But from the way in which the candelabras are created – we have a potential new test and the resumption of the trend here – taking shorts with a stop at 28 cents should be a good omen with aggressive operators.

Price Analysis IOTA (IOT)

From the News [19659024] Marwen Trabelsi and Sam Chen are the last members of the IOTA Foundation.
  • There is a potential breakthrough in IOTA after the development team printed a theoretical CTPS of 11,363 and reached consensus in just 88 seconds for a million transactions from 900 virtual nodes.
  • Technical Analysis

    <img class = "wp-image -348092 size-full "src =" "alt =" IOTA (IOT) Technical Analysis [19659008] Daily IOTA Chart for Trading View

    Turning to yesterday's development, previous IOTA trading plans have remained valid even though IOTA gains four percent as statistics show. By the way, those apparent gains do not mean Nothing from the chart, IOTA prices are moving within the 27 candelabra of August 27. This is another reason why the bullish momentum has an advantage over the sellers.

    Even if the spot rates will not allow the reward of risks to purchase, conservatives can expect better moves of over 90 cents before loading g) The downside, any high-volume dip plunging the bulls of 27 August could certainly suggest a slow momentum and a possible recovery of the bears. Sales triggers should be around highs from 55 cents to 17 August.

    Disclaimer : This is not an investment advice and the views represent that of the author. Do your research before making an investment decision.

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