Hello people!
The cryptocurrency market is going wild this week with BTC almost at 6k, check out my Banana BTC Analysis, you'll like it. Anyways, I been checking up on some of the more popular cryptos eventhough I'm very new to the Crypto market I'm applying same technical analysis as in my previous charts. As I mentioned in my NEOUSD analysis, a lot of cryptos are creating bullish flags: Bitcoin, ETH, Litecoin and possibly NEO (Neo is a raw guess, go check out my NEO analysis). Succesfully identifying these correlations can provide very good insight and confirmations for trades or investments. I'm very excited to see how all these analyses play out that I've put together this Sunday.
Don't forget to Like and Follow! :)
Happy trading!
The cryptocurrency market is going wild this week with BTC almost at 6k, check out my Banana BTC Analysis, you'll like it. Anyways, I been checking up on some of the more popular cryptos eventhough I'm very new to the Crypto market I'm applying same technical analysis as in my previous charts. As I mentioned in my NEOUSD analysis, a lot of cryptos are creating bullish flags: Bitcoin, ETH, Litecoin and possibly NEO (Neo is a raw guess, go check out my NEO analysis). Succesfully identifying these correlations can provide very good insight and confirmations for trades or investments. I'm very excited to see how all these analyses play out that I've put together this Sunday.
Don't forget to Like and Follow! :)
Happy trading!
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ETH UPDATE:
Retraced back into previous resistance and bounced right back up. I found a ABCD pattern and marked the zone with a yellow box
Retraced back into previous resistance and bounced right back up. I found a ABCD pattern and marked the zone with a yellow box
Litecoin analysis
Bitcoin analysis