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 — A break of middle band has occurred, now let’s see the upper band then a retest of middle as support and that would confirm a reversal here. Looking higher as the low may be in. USD may still see 93.50 but a drop in USD at this point is bullish Cryptos.
ETHUSD – A break of middle band here and more upside expected. Looking for a conversion of middle this week. Lean is still to the upside into March of 2022.
LTCUSD – No break of middle band yet and looking for LTC to follow through and join BTC and ETH. Again very tight bands here which is a pre-cursor to a break.
Nice break higher on ETH and BTC, I am still looking for a confirmed reversal and watching middle band to be tested as support this week actoss all three Cryptos. USD should continue to devalue and I am expecting Cryptos to continue to be bullish. Trade Smart and Trade Safe.