The USDJPY suffers sharp losses – Analysis - 21-03-2019
The USDJPY pair declined strongly yesterday to succeed achieving our first waited target at 110.76, starting today with more decline to touch the second target at 110.35, noticing that the price completed forming double top pattern that hints heading for more decline on the short term basis, to extend the next target and reach 109.40 areas.
Therefore, we expect the continuation of the bearish trend domination in the upcoming sessions unless the price managed to breach 110.76 level and hold above it.
The expected trading range for today is between 109.40 support and 111.00 resistance
The expected trend for today: Bearish
DashCoin price tests the resistance – Analysis - 21-03-2019
DashCoin price fluctuates around 92.00 level and still below it until now, which keeps the bearish trend scenario active until now, waiting to visit 85.20 level that represents our next main target.
We should note that breaching 92.00 and holding above it will stop the suggested decline and lead the price to resume the main bullish wave, which its main targets begin at 100.00 followed by 103.10.
The expected trading range for today is between 85.20 support and 94.00 resistance
The expected trend for today: Bearish
Litecoin price attempts positively – Analysis - 21-03-2019
Litecoin price provides positive attempts after leaning on the EMA50, waiting for more rise hat moves organized inside the bullish channel that appears on the chart, reminding you that our next target is located at 65.00.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected bullish wave, which its continuation conditions holding above 57.50.
The expected trading range for today is between 57.50 support and 63.00 resistance
The expected trend for today: Bullish
Ethereum crawls upwards – Analysis - 21-03-2019
Ethereum price shows slight bullish bias to move away gradually from 137.24 level, waiting for more rise to test 50% Fibonacci correction level at 154.00.
In general, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 137.24.
The expected trading range for today is between 130.00 support and 160.00 resistance
The expected trend for today: Bullish