Bitcoin Cash forms a bullish triangle on the chart. He might see an upward move if he tests the $ 326 support level. Monero dives on news of the delisting of privacy coins on Bittrex. While IOTA is trading in a range and is missing. short-term two-way momentum.
Bitcoin Cash [BCH]
Bitcoin Cash forms a descending triangle pattern on the 4 hour charts. This pattern generally sees the price breakout on the upside. Indeed, such a development would present a target of $ 375 for BCH over the next few days.
However, a close below the triangle would see price testing the $ 326 support level. If this support level is broken, a strong downward movement could occur for BCH.
Following the news of the delisting from the Bittrex stock exchange, XMR falls rapidly. Thus, it shows losses of almost 20% in the last 12 hours.
The price rises above the range in which it is trading. This indicates a possible breakout to the upside. But it dives towards the middle of the range, and heads further south.
XMR finds support at the $ 130 level. But it could drop in the next few days if the bulls are unable to defend this level.
IOTA continues to trade between the resistance range of $ 0.3 and the support of $ 0.28.
OBV records lower highs to indicate increased sales volume behind IOTA. The Awesome Oscillator shows that the elk favored neither bulls nor bears. This is unlikely to change unless a range breakout occurs.
To congratulate you we are going to offer you our free method of investing in crypto-currencies simply and automatically with the objective of generating regular income while protecting your capital as much as possible.