Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/11/2019

Today, the decline will continue. We determine the possible support levels.

BCH / USD

The BCH / USD pair sank lower yesterday the level of average prices, but support from 230.00 USD saved from a deeper pullback.

At night, sellers tried to push this level.support, however, met fierce resistance from buyers who in the morning restored the price above the hourly EMA55. This recovery was not supported by volumes and the bears increased the onslaught.

Currently, the price has rolled back to the area of ​​225.00 USD, but there is no support level in this area. We believe that during the day the decline will continue to the area of ​​the POC line (220.00 USD).

LTC / USD

Yesterday, sellers pushed the price below the hourly EMA55. This morning, a false bullish impulse pierced the level of average prices and the pair instantly collapsed to the area of ​​56.00 USD.

Until the end of the day, the decline will continue to the area Control points indicator Profile Volumes (55.00 USD). If the bears manage to push through this level, it will be possible to consolidate above the support of 54.00 USD.

EOS / USD

Yesterday morning, sellers increased volumes and sold support for the watch EMA55.

In the afternoon, the minimum was set at 3.03 USD. Buyers several times tried to restore the price above the average. And only this morning, the third attempt was successful, but to gain a foothold over the moving average failed. The pair immediately returned to yesterday's low zone.

We believe that the decline in the pair may continue below the psychological mark of 3.00 USD, and support at the level of 2.96 USD will help to consolidate the price in consolidation.

XLM / USD

Yesterday, sellers dominated the market in the morning. This morning, a false bullish impulse set a local maximum at 0.062 USD and the price fell below the 0.060 USD mark.

Today, the current level of support remains the POC line (0.058 USD). We believe that in this area the decline will stop and the pair will gain a foothold in the short-term flat.