Cryptocurrencies trading analysis and signals for Bitcoin, Ethereum, EOS, Ripple
ETHEREUM
As predicted in our Ethereum top-down analysis the instrument is testing the steep upside support line and previously broken upside horizontal resistance 350-400 zone. This is giving us a chance to buy Ethereum for extension higher against 350 targeting 600.
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 against the 10300 targeting 17000. You can add more size upon a break above 12315.
EOSUSD
EOSUSD is retesting the broken longterm upside resistance falling line 3.20 thus giving us a perfect chance to play on this reversal upside breakout as it should be played. Going long against 3.10.
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 or buy after the clear confirmed breakout above 0.3260.
SUMMER TRADING TOOLBOX GET IT NOW
