Crypto three pair technical analysis for 17 march 2018:
To check some Cryptocurrency coins paired with Bitcoin (BTC) and see whether there could be an opportunity to consider. The ideas are drawn from technical analysis and are for educational purposes only.
BTCUSD:
Trade signals:
Bullish: BTCUSD buy at $8450.
Bearish: BTCUSD sell at $9800.
Opportunity for long at $8450: BTCUSD falls and rebounds from $8290 support.
Opportunity for short at $9800: BTCUSD grows and rebounds from $10000 resistance.
LTCUSD:
Trade signals:
Bullish: LTCUSD buy at $200.
Bearish: LTCUSD sell at $140.
Opportunity for long at $200: LTCUSD grows and breaks upper line of descending channel.
Opportunity for short at $140: LTCUSD falls and breaks bottom line of up trending channel.
ETHUSD:
Trade signals:
Bullish: ETHUSD buy at $820.
Bearish: ETHUSD sell at $700.
Opportunity for long at $820: ETHUSD grows and breaks $720-$800 resistance zone.
Opportunity for short at $700: ETHUSD grows and rebounds from $720-$800 resistance zone.