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 — BTC has made target and I am looking for support this week and a higher high into end of October. We are at previous resistance at black wave W, likely support here and a consolidation. Watch for a turn here this week.
ETHUSD – ETH has also made target and is against the lower bollie. We may see a lower low and then a reversal as ETH was stretched more that BTC. I am expecting a turn this week and higher into October 2020.
LTCUSD – LTC has finished the retrace and is testing the base support trend line. I am expecting a reversal this week with the other Crypto’s. LTC should follow BTC.
Crypto’s are a buy here with this pull back. Three swings back and we now have an entry. ETH may see a lower low but this week I am expecting a reversal.. Trade Smart and Trade Safe.
06th Sep 2020