I plan to cover just three cryptos every week in this post: Bitcoin, Litecoin, and Ethereum. These instruments provide trading opportunities with out sized gains. I hope the analysis presented here helps you profit in these instruments.
BTCUSD — Pulback about complete, may see another $200 lower before we see a reversal pattern. Looking this week for the flag formation to break higher and still looking into the April window for the higher high.
ETHUSD — Pull back playing out nicely, close to a reversal; and likely we see a marginal lower low first before the turn. Look for a reversal pattern this week and the next legg higher.
LTCUSD – Pull back close to complete here also and looking for a reversal pattern with a marginal lower low. Looking for a turn this week and the next step higher into April.
Overall the pullback is just about done, a lower low is required. Three swings back on BTC and LTC. Looking for a break higher this week. My lean is higher into October on Cryptos. Trade Smart and Trade Safe.
01st Mar 2020