Results of trading: the end of the week for altcoins?

The popular altcoins is full of positive fundamental factors. But if we can match it with growth charts coins? Trying to understand the examples with the EOS, Litecoin, Stellar, Tron and Cardano by changing their prices. The analysis will tell you at what rate it is safe to enter into the niche and what stop loss is better to install.

EOS

1-day chart EOS is encouraging, the coin is now heading to test the next resistance level. While the bears can’t push price lower to offset the effort from the bulls on October 15.

Image source — NewsBTC

Our previous predictions about EOS are still in effect. Overcoming the 7 dollars is recommended to open long positions. Recall, a good sign for growth is the increase in trading volume during the breakout line.

Litecoin

For the last day of Litecoin was one of the best investments in the top of Coinmarketcap. Cryptocurrency has grown almost 2 percent and is not going to stop. Fast growth to 70 dollars will allow the bulls to target the PAMP to 90 and even $ 110.

Image source — NewsBTC

1-daily chart the asset is near the nearest support zone. While there are no signals to a drain, and fundamental factors show growth. In any case, we recommend you to set your stop loss (for long) just below $ 48.

Stellar

This week XLM showed very well. Coin has grown at a staggering 17 percent, so sellers are trapped. They can’t lower the price below to purchase the asset. He is now in the stage of accumulation.

Image source — NewsBTC

Our previous trading strategy on Stellar is still in force. Trigger to buy is slightly above 30 cents on the chart.

Tron

Tron also accumulate whales, if you want them to join. The Creator of the TRX Justin San is known for his ability to create hype on an empty place, which often led to explosive growth Aldona.

Image source — NewsBTC

Now the bulls can’t give up their positions. Drop below 2 cents will signal the beginning of a new wave of draining, and yet it is recommended to refrain from trading Throne.

Cardano

1-day schedule Cardano is a perfect example of a bottom forming before the back above. Now the price of the asset is “marking time” around the line local downward trend.

Image source — NewsBTC

It supports from below the psychologically important line, at the level where you will want to buy this cryptocurrency. Risky traders can buy ADA at the market price.

The analysis of graphs carried in the Platform.

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