Crypto-Currencies: Bitcoin, Litecoin and Ethereum for March 24th

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 — Back test almost done, next major step higher into 80,000 is about to start later this week and we can overthrow to 84,000.

 

ETHUSD –    Pull back may be finished, looking for 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. Retest into $77 then higher expected.

Made targets on ETH and BTC and the retest as expected has played out. Looking for a turn this week and look for the next step[ up which may be an exhaustion legg.   Our Delphini Crypto project is up over 180% 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.

24th Mar 2024

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