C least risk sales altcoins are recommended from the maximum values for the corrections of their primary downtrend.
EOS/USD
At the time of the market review of the EOS token to the United States dollar is trading at $of 1.8500 with a decrease of dynamic resistance, which is formed by sellers on the line a short exponential moving average EMA with the current value of $1,8768.
Support price EOS buyers have confirmed on December 14 at the level of $1.7900. In turn, the re-bounce of the price from a local support level on the four-hour chart EOS/USD ended the formation of the figure “descending triangle”.
In the case of breaking the lower border of the triangle we should expect lower prices scriptactive at least to $1.6600 barrier on the first key level of support.
Sale EOS recommended on the breakdown level of $1.7900 with order $1,7220 and $1.6600 barrier.
XLM/USD
At the time of analyzing the market situation a couple of XLM/USD is trading at $0,0936, declining in a measured pace towards the key support level of $0,0915.
Stellar in a strong downtrend, which is confirmed by the data of technical indicators on the four-hour chart the current price is below the moving average with period 14 EMA line is pointing down.
The value of the relative strength index in the oversold, the RSI line is also pointing down. Sale Stellar possible from the current value of the price for $0,0915 key support level.
ADA/USD
Support price Cardano received at the key level of $0,0280. Despite the decline in share prices of the largest alternative cryptocurrencies in the current session, the bulls in the market Cardano managed to contain the onslaught of sellers above the key level.
However, the nature of price movement indicates a strengthening bearish pressure. In the case of the price adjustment, the current market situation, growth is possible only to a dynamic resistance level on the line EMA14 with the current value of $0,0292.
Values of relative strength index in sales, which confirms the downward trend of the pair ADA/USD, however, formed a bullish divergence, indicating the possibility of a short-term correction.
Sale Cardano recommended likely at the peak of correctional growth rates – $0,0292, with goals of $0,0285 and $0,0280.
IOTA/USD
C 13 Dec bulls on the market IOTA kept the price of the cryptocurrency above the first key support level of $0,2118.
Horizontal protorgovki tool, in turn, allows shoppers to consolidate some volume to buy, to attempt to bring the EUR / USD pair IOTA/USD above the dynamic resistance level of $0,2240.
Testing shows the balance of power buyers and sellers IOTA.
However, given the overall intensification of bearish trends on the global stock market, we should expect more probability of a bounce of the price from $0,2240 with its subsequent decline to the support level of $0,2118.
Sale in a pair of IOTA/USD from the level of the recommended price of $0,2240 with order $0,2170 and $0,2140.
Trading recommendations are not a reference to action. Following the recommendations, you assume all associated risk of loss.
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