AMD's stock leaned on the support of the 50-day SMA, lending it momentum that helped it rise and tackle the resistance of 27.20, which represents the ratio 61.8% of Fibonacci retracement levels for a descending wave in the medium term (from 34.13 to 16.03), with positive signals from the RSI.
Therefore we expect more gains for the stock, especially if the resistance of 27.20 was breached, targeting the next one at 29.82, which represents the ratio 78.6% of the same retracement levels.
Expected trend for today: Bullish
Adobe's stock rose in the last session after leaning on the support of the 50-day SMA, with positive signals from the RSI after reaching oversold levels, while hurt by piercing the upside short-term trend line.
Therefore we expect the stock to decline and target the support of 261.30, as long as it settles below the resistance of 277.00.
Expected trend for today: Bearish
DashCoin price succeeded to touch 147.34 level and attempted to breach it but without managing to hold above it, and it needs to get enough positive momentum to push trades to continue rising towards our next positive target at 158.00.
In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 130.22 level and holding below it.
The expected trading range for today is between 130.00 support and 150.00 resistance
The expected trend for today: Bullish
Litecoin price managed to breach 89.87 level and hold above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to achieve our next target at 98.84, reminding you that the continuation of the bullish wave conditions holding above 84.32.
The expected trading range for today is between 87.00 support and 98.00 resistance
The expected trend for today: Bullish