Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 25th

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 — No change in forecast…. We have made target at at 52,500. Looking for a retest back into 48000 then hold on for the next major step higher.

ETHUSD –    2800 target made as predicted. Look for the pull back into 2600 then lo higher into 3500.  ETH will lag behind BTC and other Cryptos as it is a slower and a more expensive block chain.

 

LTCUSD – Rally has started, lean is still long into $150. This will continue to lag the general Crypto market.

Made targets on ETH and BTC, no change in forecast, retest expected then a major step higher . Our Delphini Crypto project is up over 100% since inception last year, interested in finding out more, DM me on Twitter. 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.

25th Feb 2024

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