Cryptocurrencies trading analysis and signals for Bitcoin, Ethereum, EOS, Ripple
ETHEREUM
The instrument continued its march higher for a 600 hunt which is also 38.2% Fibonacci extension of the huge scale swing down from 1500 to 100. The strong upside support now is 360. Build a buying position as the huge upside reversal is on the way.
Bitcoin
BTCUSD has broken above the Inverse H&S neckline 10500 and a falling channel 9500. Resistance turned support now is 10500. Build a buying position targeting 17000.
EOSUSD
EOSUSD is still one of the cryptocurrencies which have not broken to the upside above the consolidation pattern and a falling trend line. The breakout point is 3.49 and you should wait for a break above this level for the buying entries.
XRPUSD-RIPPLE
Ripple has based and has broken above the long-term falling trend line 0.2120. The strong upside resistance remains 0.3259 and a break above will lead to a continuation higher to 5. Build buying positions for a breakout.
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