Members In U S A & Canada
Posted 13 October 2019 - 04:58 PM
Also I'm from Davao originally
Posted 13 October 2019 - 05:03 PM
socal peeps I'm here what's new???
Sino mga tiga SoCal?
Posted 31 October 2019 - 02:07 AM
Posted 05 November 2019 - 03:41 AM
Last Wednesday the BCH price set a weekly high around 307.00 USD, but by Friday the sellers had returned the pair below the support of 275.00 USD.
Last weekend, the pair moved in a positive direction again. On Sunday morning, the pair recovered to its weekly high.
Yesterday afternoon you can see a small bearish spike on the volumes, which rolled the price back to the level of 38.2% Fibo (289.51 USD). If the buyers will be able to consolidate above it, the next high can be expected in the area of 315.00 USD.
If the bears resume pressure, the rollback will continue below the support of 275.00 USD.
The Litecoin price was lower than the hourly EMA55 for most of last week. After a weekly high around 61.00 USD, bears pressed the price against the POC line (58.20 USD) and did not issue above 78.6% Fibonacci (59.31 USD).
Buyers are now trying to test the upper limit of the side range. There is a small possibility of a breakthrough in the area of 64.00 USD, but on the daily frame the indicator lines of the Stoch RSI in the overbought zone, so it is more likely that in the first half of the week the Litecoin price is expected to decline to the support of 54.00 USD.
Until the end of the week, the bears failed to push the lower boundary of the sidewall at 3.20 USD and the price continues to move sideways. The POC line (3.345 USD) limits the buyers from above. At the weekend, the EOS tried to recover above the âfair priceâ line, but it failed to consolidate on small volumes in this area.
Now the consolidation continues, and if the buyers manage to break above the average price level, it is possible to re-test the purple trend line. In the medium term, we should expect a decrease in support for 3.05 USD.
At the weekend, the XLM price rolled back to support the yellow uptrend line and stayed above the average price level. Capitalization of Stellar Lumen allows the asset to take the tenth place in the CoinMarketCap rating and successfully compete with TRON, which was pushed to the 11th line of the list last week.
Today the price will try to stay above the two-hour EMA55, but soon the bearish pressure may increase and the pair will roll back below the POC line (0.063 USD).
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