Cryptocurrencies trading overview – Ethereum, Bitcoin, Litecoin, Ripple, EOS
Let us see where are the opportunities and market positioning in the cryptocurrencies.
Ethereum – the instrument is breaking below the bearish flag and is going for a test of the strong support 100-105 zone. A daily close below this zone is needed for the downside continuation. Bounces will lead to a reversal into the 130.
Get the crypto copy trading for free with our Platinum premium membership!
Bitcoin –Â Instrument is testing the 3400 level where a daily close below could lead to a downside continuation into the 3000. We need to see a daily close above the 4000 for the upside reversal and a test of 5000.
Litecoin – the instrument is below the 35 level again after the false ascending triangle break. This can lead to a retest of the 22 level. Only a daily close above the 32 level could lead to an upside reversal into the 49.
Ripple – the instrument is in the consolidation between the 0.30 and 0.45 level. We have a test of the test of a lower 0.30 level and a daily close below this level could open more downside.
EOS – the instrument is still above the 2.32 downside resistance level and only a daily close below this level would lead to a downside continuation into the 1.55. For a reversal higher we need to see a daily close above the 2.55.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position risk free. We are publishing daily and weekly analysis and 5-10 trade alerts per week directly on your mobile device via Private twitter feed and Private Telegram group! NOW! NEW! Enhanced premium membership plans for new members.
