There is currently a large-scale recovery in the prices of Lumen, NEO, LTC, Monero and EOS. The reason for this is the statements made at the summit that the G20 countries will not fight cryptocurrencies. I would recommend that buyers place orders below current support levels
For NEO this mark is slightly below $50 and $150 for LTC. Let's look at the graphs:
XLM/USD
Although we can definitely say that sellers are pushing the price, it somehow finds support below the 78.6% fibonacci. Although sellers are dominant, yesterday's candlestick hints that the price may begin to rise in the coming days.
On the four-hour time frame, we see a bullish divergent pattern. I would recommend placing short positions during each price spike. The ideal moments to buy will be at $0.27-$0.31 on the four-hour time frame.
XMR/USD
$165 seems to be a solid support level and given the bullish pattern on the 4-hour time frame, we can expect confirmation. Bullish confirmation will only occur if prices close above $200
I would recommend looking for short entries at $260, our resistance line. It is preferable to wait for a stochastic sell signal.
EOS/USD
Our bullish forecast can be confirmed at two levels. Remember, before placing purchases, we must wait for the price to break the 20 MA. This can happen if buyers make the necessary efforts - both on the daily and on the four-hour time frames.
We can already see a signal to buy stochastic, which is in the oversold zone. Additionally, if the candle stays above $5, then buyers may consider short entries at $6.2.
LTC/USD
Although we are pessimistic about this altcoin, the risk can bring quite large profits, but also large losses.
Therefore, I recommend buying LTC now. Traders can wait for a break above the resistance level on the four-hour time frame.
If there is a bullish confirmation on the four-hour time frame and prices are able to break through the BB average, there is a high probability that prices will continue to rise. Aggressive traders can place long entries at the $200 mark.
NEO/USD
Given the bullish candle and stochastic buy signal, it is likely that the price will rise in future sessions.
Note that prices are already testing the BB average and $65 on the four-hour time frame, if this continues, NEO buyers could target the $90 mark or the 61.8% fibonacci.
It is clear that NEO prices are rising from $50 and the 78.6% fib. Sellers should place orders at $50 and expect to receive $75.
According to https://www.newsbtc.com
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