This article discusses and analyses 3 cryptocurrencies: Bitcoin, Ethereum and Ripples. Bitcoin and Ripple seem to be building larger corrective patterns. A triangle pattern is the most likely scenario and a long setup at the end of a wave E is the most interesting one. Alternative setups are also analysed. Ethereum is in a strong uptrend and is looking for a bullish continuation towards 1500.
Check out the video for the full analysis and trade plans on 11-12 January 2018:
- Technical analysis
- Review of patterns, trends, key S&R levels
- Explanation of potentrial trade ideas both up and down
- Beginner friendly, explaining concepts in more detail