Crypto-Currencies: Bitcoin, Litecoin and Ethereum for June 19th

This is a weekly post covering Cryptocurrencies, specifically  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 — Lower low as discussed, also a punch of the 3rd SD band so this is a good looking setup long. We can still see lower to 900 which would be more of a wash out and buyable. Cryptos in general are going to follow this pattern before breaking up. Look for a 24000 print next.


ETHUSD –   ETH is nearing a bottom and should hold the 900 area. Punch of the 3rd SD band here too. This is a great setup as long as the base trendline holds.


LTCUSD – Positive D in place here and looking for a confirmation of a turn above the monthly pivot.  ETH may see one more low before a turn, this week is a good stop to legg into a small sized trade.


Lower lows have played out across the board. This is a significant long setup.   USD is expected to turn which will support Crypto pairs.  Volatility will remain high this week so mind your size.  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

19th Jun 2022

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