Dear Traders,
the cryptocurrencies are showing now signs of exhaustion as price builds strong bullish momentum. This video analyses the price charts using technical analysis and reviews whether the bullish trend will continue and from which levels. For the moment, Bitcoin and Ether seem to show impulsive price action which are awaiting pullbacks to the Fibs and moving averages but other cryptos could see potential deeper retracements.
Check out the video for the full analysis and trade plans on 15 December 2017:
Good trading,
Chris Svorcik
.
Leave a Reply