There's something big coming...
Bitcoin, Ethereum & Litecoin all appear to be entering the corrective phases soon with Bitcoin edging ahead, as it has already started its corrective phase. As we all know, after a corrective period the next phase is an impulse!
If we compare all 3 charts, we can see that theres an ascending trendline supported by fibonacci, which looks to be the key area to look at for buys. The move down can be traded but with all the hype around crypto, it would be risky. Tradeable... but risky.
Crypto can be moved 100's of % with just one tweet as we have seen recently. Being reactive is key to longevity in the trading business. Even though we are seeing this price action now, does not mean price will do exactly as we anticipated.
We will stay adaptable and be reactive to whatever price action the market gives us!
Crypto To The Moon!
Bitcoin, Ethereum & Litecoin all appear to be entering the corrective phases soon with Bitcoin edging ahead, as it has already started its corrective phase. As we all know, after a corrective period the next phase is an impulse!
If we compare all 3 charts, we can see that theres an ascending trendline supported by fibonacci, which looks to be the key area to look at for buys. The move down can be traded but with all the hype around crypto, it would be risky. Tradeable... but risky.
Crypto can be moved 100's of % with just one tweet as we have seen recently. Being reactive is key to longevity in the trading business. Even though we are seeing this price action now, does not mean price will do exactly as we anticipated.
We will stay adaptable and be reactive to whatever price action the market gives us!
Crypto To The Moon!
Note
See linked charts for the full analysis on Bitcoin, Ethereum & LitecoinNote
BITCOIN 
Note
ETHEREUM
Note
LITECOIN
🥃 Crypto Signals Since 2017 🥃
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💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.