Price analysis of BTC, LTC, ETH (13.09.18)
BTCUSD: The largest by the capitalization of the Crypto-currency added to the value during the trading session of Wednesday. As a percentage, the coin showed an increase of 1.6%, activating our order from the $ 6230 mark. We plan to fix profits from it when testing $ 6,460 of resistance, since in addition to it, 200 period moving average may also impede growth. MACD continues to consolidate near the zero mark, while the RSI oscillator signals an almost overbought state of the coin. Nevertheless, in addition to this significant obstacles on the way to growth to 6460 is not yet observed, so we continue to hold a long position. In addition, we will enter the long lines in case of breakdown of this level, at around $ 6500.
LTCUSD: Lightcoyne demonstrated a two-way dynamics throughout the day. In the middle of the Asian session, the coin actively began to get cheaper within the general downtrend after a short correction, and as a result again renewed the minimum values for this year at $ 45. By the end of the European session, buyers began to actively win back losses, raising the price from $ 45 to $ 50. As a result, many technical indicators indicate an upward trend. We recommend entering positions depending on the results of the re-testing of $ 51 resistance, which should not make you wait: from $ 54 to buy, and from $ 49 per sale.
ETHUSD: According to the Efirium, we also presented a good opportunity to close the short position with a profit: until the end of the European session, the ETHUSD rate was continuously declining, resulting in a daily minimum at $ 164. MACD confidently demonstrates the weakening of pressure from the sellers and the gradual transition of the initiative into the hands of bulls. Alligator also notifies about the clear direction of the uptrend in small and medium timeframes. In this regard, we are still waiting for testing $ 200 of resistance to open positions from $ 210 level, leaving the previous trading signal topical.
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