Altcoins are in an uptrend for the last few weeks, Few altcoin pairs have also recorded over 200% gain in past few weeks – RCN/BTC, DOCK/BTC, LEND/BTC, etc.

Moving averages are leading indicators to predict the trend in capital markets, which is also being used in the cryptocurrency market. There are many altcoin/BTC pairs that are trading above 50 and 100MA on the daily timeframe, But few pairs have broken out from 200MA Resistance and trading above it.

In this article, we will cover 5 altcoins on Binance which are currently trading above 200MA and, have scope for further bullish continuation.

DOCK/BTC

Trade Signal

Entries: 0.00000130-155 BTC

Exit: 0.00000210-240 BTC

STOP: 0.00000115 BTC

RCN/BTC

Trade Signal

Entries: 0.00000500-600 BTC

Exit: 0.00000800-900 BTC

STOP: 0.00000400 BTC

ZRX/BTC

Trade Signal

Entries: 0.00003600-3900 BTC

Exit: 0.00004700-5100 BTC

STOP: 0.00003300 BTC

TNT/BTC

Trade Signal

Entries: 0.00000900-0.00001000 BTC

Exit: 0.000013-16 BTC

STOP: 0.00000800 BTC

LEND/BTC

Trade Signal

Entries: 0.00000100-115 BTC

Exit: 0.00000145-180 BTC

STOP: 0.00000090 BTC

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Hitesh Malviya

Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.