Analysis of prices BTC, ETH,LTC

in #trading8 years ago

Since reaching the bottom, most coins have gained high profits, the price movement remains favorable, and bitcoin is rising up again today. Despite the rollback in the middle of the last day, after closing in the US, the most valuable coin is trading near its intraday high.

Bitcoin

btcusd28.02.18.jpg

BTC/ USD, 4-hour chart analysis

BTC still has several resistance levels, the first is $ 11 300, then $11 750. Currently, short — term support of $ 10,500 is in the spotlight, below that-the level of $ 10,000 and strong levels of $ 9000-9200.

Ethereum

ethusd28.02.18.jpg

ETH/ USD, 4-hour chart analysis

The two major technical obstacles have proved to be too strong for Ethereum, as the coin is still consolidating below the key dominant trend line with very low volatility. Although the exact start of the next step is not clear, the prospects of the coin are encouraging, traders and investors should maintain their positions. The main support is $ 845, further levels are found around $ 780, $ 740, targets exceed $ 910 and $ 1000.

Litecoin

ltcusd28.02.18.jpg

LTC/USD, Daily Chart Analysis

Today Litecoin was relatively weak as the coin continues to consolidate near the short-term resistance zone of $ 215-225, without any significant changes in any direction. Despite the short-term weakness, we expect that in the coming days the coin will continue to move forward with a likely rally above the level of $ 250, possibly aiming at the resistance zone of $ 300. The coin remains optimistic at all times, even when there is an ideal opportunity for a long-term purchase, with support levels of about $ 200 and $ 180.

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