Trading ideas for Thursday: BTCUSD and LTCUSD

in #trading • 7 years ago

Good afternoon my dear steemians and traders!

💰 Capitalization of cryptoeconomics: $470.489В
💵General trading volume: $18.820B
💥The share of bitcoin: 35%

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BTCUSD began to work out "Head and shoulders"

Bitcoin entrenched above the level of the neck "Head and shoulders", the target for working out the figure is located on the February base Pivot - $ 12250. Also, the 200 moving average was pierced upward. In order to finally confirm the change of the trend BTCUSD, it remains only to break through the resistance zone $9773- $10000. Growth rate Bitcoin accelerated in the Asian session and the coin broke through the upper boundary of the growing canal. After the forced growth, most likely there will come a correction to the levels $9050- $9429, at which Bitcoin will gain strength for breaking through the key resistance $ 10000.
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LTCUSD: formed the flag and already struck it

LTCUSD showed an impressive rally, the price rose above the level of $230. Formed earlier, the pennant has already worked. Now the price has formed a bullish flag, which has already been breached and apparently the course will overcome the threshold of $250. It is worth noting that overbought on MACD, despite strong exponential growth, did not rise particularly.
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I wish you profits!!!

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Information presented in this material is the opinion of the author (@maksym7) and is not an offer to a specific action.

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Have a nice day!!!

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