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 — I issued a buy signal three weeks ago as we had a dip into our retrace target of 25200. Cryptos are buy-able, this is the second buy signal this year. No Change In Forecast.
ETHUSD – No Change In Forecast. Buy signal here too, made target at 1720 and looking long from here. Hold into 3500.
LTCUSD – No Change In Forecast. Issued a buy signal here too, as other cryptos are in the zone, no confirmation yet.
Cryptos are on a buy signal and watching ETH closely, it has broken up and the broken trend line is the next support test. Lean is long here into September. Middle bands are the next major level to convert across the board. Expecting ETH to be first. Smart and Trade Safe.