Crypto-Currencies: Bitcoin, Litecoin and Ethereum for October 24th

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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 continuing to advance to target as planned, watch for a retest of middle band and higher for a last legg up.

 

ETHUSD – ETH a little ahead of BTC and has already reached target, likely retest to the middle band or the suppot trend line and higher highs expected

 

LTCUSD – LTC is lagging the other Cryptos, more upside is still expected and middle band is support for now. Target is still 376,

 

Looking for  higher this week with middle band as support as we are heading higher across the board. ETH should continue to outperform here. USD should continue to devalue and I am expecting Cryptos to continue to be bullish. Trade Smart and Trade Safe.

Written by:

Stan Nabozny

Stan is a 20 year retail trading veteran, CTA (Commodity Trading Advisor) and Co-Founder of The Art of Chart. His specialties include using futures and options to trade Energies, Precious Metals, Equities, Currencies, Bonds, Softs, Grains and other commodities. Stan believes that Risk Management and Trader Psychology are more important that technical analysis and spends his time teaching and coaching other traders on these topics. Stan uses various trading systems and technical analysis approaches that integrate time and price in his work. See his latest articles here and www.huffingtonpost.com.

24th Oct 2021

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