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.
Entries: 0.00000130-155 BTC
Exit: 0.00000210-240 BTC
STOP: 0.00000115 BTC
Entries: 0.00000500-600 BTC
Exit: 0.00000800-900 BTC
STOP: 0.00000400 BTC
Entries: 0.00003600-3900 BTC
Exit: 0.00004700-5100 BTC
STOP: 0.00003300 BTC
Entries: 0.00000900-0.00001000 BTC
Exit: 0.000013-16 BTC
STOP: 0.00000800 BTC
Entries: 0.00000100-115 BTC
Exit: 0.00000145-180 BTC
STOP: 0.00000090 BTC
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