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

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

By Workin | Technical Analysis | 13 Jun 2019


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.

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

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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.

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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 support at $145.

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

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

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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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Workin
Workin

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom


Technical Analysis
Technical Analysis

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom

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