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. All the Best to Everyone for the Holiday Season!!
BTCUSD — We have made target at 45,000, still expecting 52,000-52,500 next. Expect a small retest and then higher into 52000.
ETHUSD – No Change in Forecast. Rally is confirmed, retest coming then higher highs. Hold long into 3500. ETH will fall behind BTC and other Cryptos as it is a slower and a more expensive block chain.
LTCUSD – Rally may have started from the trend line, lean is still long into $150. This will continue to lag the general Crypto market. I will be replace LTC with SOL next week.
Cryptos are following BTC as mentioned and more upside is expected even though we have make target. Trade Smart and Trade Safe.