Crypto-Currencies: Bitcoin, Litecoin and Ethereum for March 26th

Leave a Comment / Crypto-Currencies, Front Page / By

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 — Flight to safety with bank failures has supported Cryptos. The turn is likely in and a retest this week is buyable into middle band. This is a significant turn in Cryptos, expecting to see  upside from here into 45000 later this year.

 

ETHUSD –    Time to start accumulating as discussed, middle band support and look for buy-able pull backs. More banking failures will add fuel.

LTCUSD –  Not as big an advance as BTC and ETH. Look for a conversion of the high to confirm the turn is in. As the market leaders go higher LTC will follow.

The turn appears to be in and looking for more upside after the retracement this week into middle band. Start accumulating on buy-able pullbacks, will point out  setups here weekly.   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.

26th Mar 2023

Leave a Comment

Your email address will not be published. Required fields are marked *

Swap your javascript code above