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 — Made the lower bollie target as discussed last week, now looking for a turn and the next rally. The flat should break p this week. The lean is bullish and the back test of the broken trend line completed.
ETHUSD – Wave C completed as discussed and now waiting on the next big rally. The three down flag should convert this week and higher highs expected.
LTCUSD – Three down as discussed last week now complete. Looking for a reversal this week and expecting next big rally into the 300s.
Wave C lower has played out as expected across the Cryptos, looking for flags to break up this week to confirm the next rally. USD should continue to devalue and I am expecting Cryptos to continue to be bullish. Trade Smart and Trade Safe.