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 — So far so good on the flag and the break out to the upside, approaching an RSI of 70 so likely will see a pull back as deep as middle band and higher highs expected. ETH should outperform BTC.
ETHUSD – Next big rally has started. Expecting more volatility here and a back test of middle band and higher is coming. – target 4433 next.
LTCUSD – So far so good here too, watch for the same, pull back into middle band and higher highs expected. This does need to play catch up.
Looking for a back test and higher this week as we are heading higher across the board. ETH should outperform here on this next legg higher. USD should continue to devalue and I am expecting Cryptos to continue to be bullish. Trade Smart and Trade Safe.