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 middle band retest looks complete with a three back structure. Looking for this flag to break higher this week. Target and forecast is unchanged.
ETHUSD – ETH a little ahead of BTC and has retested the high as expected, look for a pull back and test of the monthly pivot then higher highs expected.
LTCUSD – LTC is lagging the other Cryptos, more upside is still expected and a three back completed last week. Still expecting target of 375.
Middle band retest on BTC as expected and higher highs should now play out. ETH will outperform here and expecting a retest this wek which is a buying opportunity. Middle band is support on ETH and BTC. USD should continue to devalue and I am expecting Cryptos to continue to be bullish. Trade Smart and Trade Safe.