Technical market analysis: 20.02.2018

During the night there were pleasant changes in the price dynamics. I am glad that the market is proceeding within the framework of our vision and as described in the technical review.

Bitcoin (BTC)

As we expected yesterday, Bitcoin smoothly approached new resistance. A light rebound and continued growth to new heights. Despite its great potential, reaching the next goal this month at $ 12 883 is unlikely. Most likely the price will slow down and go to the "side".

Ethereum (ETH)

Over the air, the market continues to accumulate buying positions under the zone of resistance. In most cases, this ends with growth and a test of resistance with its further breakthrough.

Ripple (XRP)

For XRP, the situation is similar. Going shopping in the zone of accumulation. The only unknown variable in this equation is time. When the surge happens is unclear. But intentions are already clear.

Litecoin (LTC)

The LTC price formed a symmetrical triangle, which, in combination with the accumulation of purchase, only strengthened the signal. As a result of "spring compression", an upward shot occurred with a break through the resistance zone - $ 234. The next nearest target lies in the $ 281 zone.

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