You need to be careful about short-term investments

in #zec7 years ago

Good morning, my dear steemians!!!

We are waiting for a very hot time. You need to be careful about short-term investments. In many crypto-currencies, there may be an increase in the strength of the "bears".

ZECUSD: the bulls do not have the strength
A triangle was formed, but the breakdown was so weak that the price quickly adjusted, which is clearly not in favor of bulls. Support for 660 is ignored, volumes continue to remain sluggish, oversold for MACD is almost absent, if such a layout persists, we are waiting for a support test of 590. Only Bollinger tapes indicate flat, bottom break will be a signal for short-term shorts. To resume the uptrend, a fundamental factor is needed.

LTCUSD: continues to weaken
During the last Asian session, a flat was formed and a new support is formed just below 237. The 260 mark is now a resistance, MACD points to a protracted consolidation, oversold is almost absent. A couple of hours ago, the volume of purchase increased, but the bulls could not take advantage of this moment to jerk up. The next hours the price will continue to go between 50% and 61.8% Fibo.

XRPUSD: broke through the support 1.9
The technical picture is gloomy, the volumes for sale are dominant. Aroon signals a broad consolidation, the moving average is about the continuation of the fall. A positive moment is the too strong exponent of the fall, in 12-15 hours the price can be leveled in the interval 1.6-1.9. It is better to refrain from opening positions.

If there are here those people who share my opinion with me, then please follow me! If there are critics, then please leave them in the comments. I'll be very happy!!!

I wish you profits!!!

Please, follow me.

Information presented in this material is the opinion of the author and is not an offer to a specific action.

Thank you for being with me!

Have a nice day!!!

Sort:  

This post has received a 0.64 % upvote from @boomerang thanks to: @maksym7

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.027
BTC 59944.92
ETH 2307.28
USDT 1.00
SBD 2.48