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 — No change in forecast, rally is confirmed, looking for 45,000 next. Stay patient with this trade, we are about to see a small retest. 29800 needs to hold as support.
ETHUSD – No Change in Forecast. Rally is confirmed, retest coming then higher highs. Following BTC, more upside expected into year end. Hold long into 3500.
LTCUSD – Rally may have started from the trend line, lean is still long into $150 into year end. No confirm here yet on the reversal yet.
Cryptos are following BTC as mentioned and more upside is expected as the turn is confirmed in BTC and ETH. BTC should make target, other Crypto’s are lagging. More selecting buying in Cryptos in this rally. No change in forecast, lean is still long here into year end. Trade Smart and Trade Safe