Cryptocurrencies trading analysis and signals

Cryptocurrencies trading analysis and signals for Bitcoin, Ethereum, EOS, Ripple

 

Ethereum

As predicted in our Ethereum top-down analysis the instrument is testing previously broken upside horizontal resistance 350-400 zone. It is reacting on 350 and is bouncing off this level. As long as the price action is above 300 we are targeting 480-500. We can expect a possible retest of the 330 again before an extension higher. We had a retest and the instrument broke above 350 for the upside continuation to 488. Looking to add buying positions on any pullback to 380.

 

Ethereum price action analysis

 

Bitcoin

BTCUSD has broken above the Inverse H&S neckline 10500 and a falling channel 9500 and is now extending higher to 15000-16000 zone. Build a buying

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