These instruments seem to be synchronized, and soon to end a retracement rally. In the case of ETH, which has been underperforming everything due to fundamentals (problems in the code of a sub-proyect), there's potential for a big correction, but only if we cross the key levels on chart in time. If the targets aren't met on time, a contrary move might start, so it'd be of paramount importance to monitor progress in them.
Litecoin is above the low volume resistance, which is encouraging, but there's a strong level to the left, and the time at mode target is almost hit; so I reccomend caution. Once BTC hits this top target, I'd look to book profits from my recent long reentries and I'd reccomend you do the same (with at least part of your BTC).
Cheers,
Ivan Labrie.
Litecoin is above the low volume resistance, which is encouraging, but there's a strong level to the left, and the time at mode target is almost hit; so I reccomend caution. Once BTC hits this top target, I'd look to book profits from my recent long reentries and I'd reccomend you do the same (with at least part of your BTC).
Cheers,
Ivan Labrie.
Note
LTCCNY topped right at the box target and fell back strongly. BTC came back down to the recent daily uptrend mode and is rebounding. I don't know about follow through, to me it looks like we will see a sideways consolidation in BTC, which might give a few tradeable setups in long *BTC pairs.Note
Today we should see a reaction in ETHEUR or ETHUSD pairs. (to the upside)Transaction en cours
I like the level here in ETHUSD or ETHEUR to enter longs with 15% downside risk. My entry was 10.17.Note
We are moving on up in ETH fiat pairs. I like the setup here. If long, wait to add more.Note
Not too fond of the action in btc and altcoins. We're below the recent uptrend support but i still looks to be sideways for the most part. I'd reccomend standing aside, and waiting to buy lower. The short is a bit dangerous now, might rebound here.Note
ETH is being bid and supported at the crowdsale key level, likely a buy for continuation.Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.