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 — So far so good, we have made target at 45,000, and still have time between now and January for more upside. Stay patient with this trade, we are about to see a small retest and higher into 52000.
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. I will be replace LTC with SOL in the new year.
Cryptos are following BTC as mentioned and more upside is expected even though we have make target. Solana has exceeded the usage of Etherium so I will be removing LTC and replacing with SOL. Trade Smart and Trade Safe
10th Dec 2023