Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

in bnb •  6 years ago  (edited)


Like Bitcoin, many altcoins are looking ripe for a larger move.


EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days.


Screen Shot 2019-06-12 at 8.07.23 PM.png

Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed 2 days ago.


Screen Shot 2019-06-12 at 8.07.53 PM.png

Basic Attention Token (BAT) is consolidating below heavy resistance and on top of an ascending line of support. It looks poised to breakout in the next few days.


Screen Shot 2019-06-12 at 8.08.29 PM.png

Litecoin has been one of the most impressive coins of 2019. Last we spoke, it was finding resistance at $125. It has since broke resistance and, as discussed in the prior update, quickly rose to known resistance at $145.


Screen Shot 2019-06-12 at 8.22.10 PM.png

Ethereum has broken back above the 21 day EMA, but is finding expected resistance between $160-$170.


Screen Shot 2019-06-12 at 8.22.33 PM.png

Ripple (XRP) continues consolidating within a larger wedge. It also looks poised to breakout of that wedge in the next few days.


Screen Shot 2019-06-12 at 8.24.12 PM.png

In today’s video I discuss where prices may be heading next, possible buy/sell areas to watch, traps to avoid and so much more. I hope you find it helpful.


Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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6 years ago by

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      ·  6 years ago 

    Many thanks and enjoy your break

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      1 vote
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        ·  6 years ago 

      Thanks @hoppe

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          ·  6 years ago 

        Congratulations! I just stopped by to say that your post has been selected as a daily Featured Post of my personal curation project! You can find the daily Featured Post HERE.
        I upvoted your contribution and I put it on the list because to my mind your post is what I call a quality content!
        I am @miti, a manual curator that shall make available all his Steem Power to authors deserving of support. Let's make STEEM great again!
        Have a nice day and keep up the good work!

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            ·  6 years ago 

          Thanks @miti. Always appreciate your support.

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              ·  6 years ago 

            And it's always a pleasure ;-)

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                ·  6 years ago 

              BNB is huge... BAT too not doing bad... However can is your take on privacy coins like Veil? Could you please help me analyze it?

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                  ·  6 years ago 

                I'm not a fan of Veil. They have too many paid shills leaving comments and spamming people. This is a very bad sign of a weak project.

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