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EOS, XLM, ADA. Technical analysis and forecast of the course for 8 and 9 December 2018

Major altcoins in a strong downtrend. Recommended the sale of scriptaction from local maxima of the prices of altcoins.

EOS/USD

Token EOS today got a temporary support at the price of $1,7000. At the time of the review of the market the pair EOS/USD is trading at $1,7979.

The four-hours chart it is obvious that in the case of growth of quotations of the resistance most likely will again meet at the dynamic level, with the current value on the price scale – $1,8670.

8 декабря EOSUSD H4
8 Dec EOSUSD H4

The RSI7 indicator values are in sales, but the indicator line has a tendency to turn upward and is supported by the moving average EMA14, which confirms the possibility of correctional growth of quotations EOS/USD.

Sale token EOS recommended on the bounce of the price from $1,8670 with order $1,7120 and $1,5600.

XLM/USD

At the time of the market review Stellar the US dollar is quoted at $0,1208. Session at least a couple XLM/USD was fixed on a mark price of $0,1121.

Currently buyers are trying to overcome the resistance of the sales dynamic $0,1217. In that case, if the bulls manage to consolidate above the requested level of rates, they will have the opportunity for a short-term consolidation of volumes and risks further collapse in the price of Stellar will decrease significantly.

8 декабря XLMUSD H4
8 Dec XLMUSD H4

However, if the bears aktiviziruyutsya with sales likely to bounce of the price from $0,1217 will lead to its decline at least to $0,1100 on the local level of support.

Recommended for sale in a couple XLM/USD from the current price level of $0,1200 with order $0,1160/$0,1110/$0,1000.

ADA/USD

At the time of the review of the market of the Cardano is trading with a decline of quotations of $0,0300. Data technical indicators and the price movement during the current trading session indicates the end of short term downtrend from December 4.

8 декабря ADAUSD H4
8 Dec ADAUSD H4

Pressure on quotes ADA/USD has moving average EMA14 with the current value at $0,0313, in the four-hour chart with the RSI7 indicator formed a bearish divergence, which indicates the probability of a strong downward movement Cardano.

Sale ADA recommended from the current price level of $0,0300 with order $0,0284/$0,0250/$0,0220.

Trading recommendations are not a reference to action. Following the recommendations, you assume all associated risk of loss.

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