The opinions and opinions expressed herein are those of the author and do not necessarily reflect the views of Cointelegraph.com. Every movement of investment and negotiation involves risks, you should conduct your own research by making a decision.

Market data is provided by HitBTC Exchange.

Bill Gates, world-renowned businessman and philanthropist and chief founder of Microsoft Corporation said at a meeting of WADA on Reddit yesterday , February 27, that cryptocurrences led to deaths "in a rather direct way". And even if crypto-investors have become victims of kidnappings and robberies, this should not overshadow the real potential cryptocurrency and blockchain technology can bring to society.

As our readers may have noticed in recent months, cryptocurrencies should be negotiated with caution. If we make the right decision and trades using the charts, the trades can be profitable with a calculated risk.

BTC / USD

In our previous analysis, we had predicted that Bitcoin would reach the downline channel resistance at $ 11,500, after the 50-day SMA burst. Today, cryptocurrency has reached an intraday high of $ 11,147.99

<img alt=" BTC / USD "src =" https://cointelegraph.com/storage/uploads/ view / b5ad548caf159a2a6881b294dfa80a49.png "title =" BTC / USD "/>

We believe that the $ 11,400 to $ 12,200 zone will act as a strong resistance, therefore aggressive traders should record profits on 50% of their positions at current levels and keep the rest stop loss

A breakout of $ 12,200 will complete a pattern of reversed head and shoulders, which can propel the BTC / USD pair towards the levels of $ 18,000

the digital currency breaks down into levels of $ 9,400. Until then, it is the advantage of the bulls

ETH / USD

We expected the Ethereum to come out of the 20 days of the EMA and rallied to the resistance line of the descending channel.Cepen For two days, the bulls have failed to go out and settle in the moving average.

<img alt=" ETH / USD "src =" https://cointelegraph.com/storage/uploads/view/28c1e1f4671ed2695a6e529b6914510b.png "title =" ETH / USD "/>

Si the ETH / USD pair turning away from the EMA to 20 days and crossing the trend line of ascending triangle formation, it will be a bearish development, down, $ 770 to $ 780 should be a solid support.

As a result, traders may increase their stops to half position and keep the stops at $ 780 on the other half of the position Let's reduce our risk

BCH / USD

We still do not know For the past six days, the price has been stuck in a narrow range of $ 1,150 to $ 1,355, the EMA at 20 days and the SMA at 50 days being down, which shows that bears have the upper hand

<img alt=" BCH / USD "src =" https://cointelegraph.com/storage/uploads/view/ ae1fccbaff1e6f0d5cf5b62359b0e4cc.png "title =" BCH / USD "/>

If they manage to drop the support levels by $ 1,150, a drop to $ 854 is likely. On the other hand, if the bulls rise to $ 1,355, it is likely that we are headed towards $ 1,600

We are not sure that the next movement will be up or down. Therefore, we have provided both possibilities, and we do not recommend any exchange on the BCH / USD pair for the moment.

XRP / USD

We had planned a trading action related to the range in Ripple in our previous analysis and the price action supports our view. However, instead of trading in a wide range, the cryptocurrency is stuck in a very narrow range, with resistance upward at $ 0.98669 and downside support at $ 0.85.

<img alt=" XRP / USD "src =" https://cointelegraph.com/storage/uploads/view/1cb8ed9191210cf7376811ce4777dcba.png "title =" XRP / USD "/>

Si the bears break below this narrow range, a fall to $ 0.72 is likely.If the bulls come out of the range, a move to the 50-day SMA is likely: until then, the XRP / USD pair should remain tied to the range

XLM / USD

Stellar is struggling to recover, which shows a lack of purchase, even at the current level, when the price fails to bounce back to levels high support, it's a sign of weakness.

<img alt=" XLM / USD "src =" https://cointelegraph.com/storage/uploads/view/98405a6db8b58f3e555a5d5d5db05db.png "title = "XLM / USD"

The two moving averages also declined, showing that bears are in control. If the XLM / USD pair depreciates support by $ 0.32, a decline to levels of $ 0.22 is likely

On the upside, bulls will face the EMA of 20 days and at the SMA for 50 days. We remain neutral to down on the cryptocurrency as long as it is trading below $ 0.48.

LTC / USD

Litecoin went from resistance to overhead of $ 240 on February 26. Currently, he is trading near the 20-day EMA, which should provide support.

<img alt=" LTC / USD "src =" https://cointelegraph.com/storage/uploads/view/5cbd1bba116130b952a704e3ff868aa0.png "title =" LTC / USD "/>

We Let's love the SLD Pair USD / USD because moving averages have ended a bullish cross and the 20-day EMA is higher than the 50-day SMA, which is a positive sign.

But if the cryptocurrency breaks down the 20-day EMA We can keep our stop loss in balance because we do not want to run any risk when the general sentiment is bearish

At the rising, Litecoin will gain momentum.Over above $ 240. Our target goal remains a rally at $ 270 and $ 300.

ADA / BTC

We had suggested to close our long aggressive positions for Cardano in our prev This analysis has proved to be the right decision.

<img alt=" ADA / BTC "src =" https://cointelegraph.com/storage/uploads/view/0d8a5c9bd4cc1257b8a7345f61ecf3.png "title =" ADA / BTC "/>

The ADA / BTC pair has decomposed the levels 0.000030 and is en route to the next support level of 0.0000246.

The only silver lining is that the RSI shows signs of positive divergence. However, we will not dare to buy it until the price exceeds the 20-day EMA and the downtrend line.

NEO / USD

The traders who follow us are long on NEO at $ 126. as recommended. Yesterday, February 27, the currency broke from resistance to criticism to $ 140, but did not resist the breakout.

<img alt=" NEO / USD "src =" https://cointelegraph.com/storage/uploads/view/d9149f59e922defd17782d19c32a165a.png "title =" NEO / USD "/>

We continue to trust the pair NEO / USD as it broke with a bearish model and keeps it above the 20-day EMA and the 50-day SMA.

Our goal remains upwards The stop loss can be maintained at $ 105 for the moment Traders can increase the stop loss to balance as soon as the cryptocurrency exceeds $ 150

EOS / USD

EOS broke The downtrend line yesterday, February 27, could not cross the 20-day EMA, but it formed a symmetrical triangle, the next stage of the uptrend or the downtrend will begin once the course is broken or broken.

<img alt=" EOS / USD "src =" https://cointelegraph.com/storage/u ploads / view / 6ba3a94da8d7e0214b052b4ec31385da.png "title =" EOS / USD "/>

[1] 9459002] If the EOS / USD pair breaks down to $ 7.5 levels, a new test of the lowest of the 06 February, $ 5.77917, is likely; although the model target is much lower.

On the other hand, a symmetrical triangle break will push the price to levels of $ 10,119. We should only become optimistic after surviving the 50-day ADM

Market data is provided by the HitBTC exchange. The charts for the analysis are provided by TradingView.