Crypto-Currencies: Bitcoin, Litecoin and Ethereum for March 10th

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 — We have made target at at 59,700. Looking for a retest back into 54,000 then hold on for the next major step higher into 80,000.

ETHUSD –    3500 target made as predicted. Look for the pull back into 3200 then look higher into 4000.  ETH will lag behind BTC and other Cryptos as it is a slower and a more expensive block chain.

LTCUSD – Lean is still long into $125. This will continue to lag the general Crypto market.

Made targets on ETH and BTC which signals the end of this impulse even though it has exceeded target. A retest is expected as mentioned above then a major step higher . Our Delphini Crypto project is up over 150% since inception last year, interested in finding out more, send me a message. 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.

10th Mar 2024

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