Bitcoin Gold (BTG) shows a decent uptrend from the $13,21 low hit on August 14. After reaching a peak of $23,17 BTG is correcting a tad. In our opinion, this offers a sweet buying opportunity for crypto traders or even HODL’ers who would like to take a long position.
Crypto Trading Idea, Analysis & Setup: Buy BTG Thursday August 30
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Crypto Trading Idea, Analysis & Setup: Buy LTC Monday August 28
Technical Chart Analysis :
LTC/USD
Summary: Litecoin (LTC) is consolidating now for quite a while within a triangle. In my opinion, LTC is ready for an upwards break-out. LTC reached a low of $49,144 on August 14 and jumped from that point towards 62 bucks.
Trading Idea: Buy LTC @57,45 with stop-loss below $49. This means a stop-loss of approximately 14% below the current entry level and with a target of $9 which is the previous high of July, we have a profit/risk-ratio of 2 to 1 which is for me a sufficient ratio to trade. First resistance we can find at $62,72. [Lees meer…] overCrypto Trading Idea, Analysis & Setup: Buy LTC Monday August 28
Crypto Trading Idea, Analysis & Setup Jan Robert: Buy EOS Monday August 20
Technical Chart Analysis :
EOS/USD
Summary: EOS has been hammered in the last weeks, completely in line with the total Crypto Market. EOS reached a low of $4,177 on August 14. From that point, EOS jumped to $5,50.
Trade Idea: Buy EOS @5,02 with stop-loss below $4. This means a stop-loss of approximately 20% below the current entry level and with a target of $9 which is the previous high of July, we have a profit/risk-ratio of 4 which is for me a decent ratio. First resistance we can find at $6,50. [Lees meer…] overCrypto Trading Idea, Analysis & Setup Jan Robert: Buy EOS Monday August 20
Crypto Trading Idea, Analysis & Setup: Buy Stellar (XLM)
Technical Chart Analysis :
XLM/USD
Summary: Stellar (XLM) has been under severe selling presure in the past past month, in line with the total Crypto Market. XLM reached a low of $0,176 in June and recovered from then on strong. During the current correction, XLM managed to form a higher low around $0,29.
Trade Idea: Buy XLM @0,24 with stop-loss below $0,17. This means a stop-loss 30% below the current entry level and with a target of $0,36 which is the previous high, we have a profit/risk-ratio of 1,7 which is for me a decent ratio. First resistance we can find at $0,27. [Lees meer…] overCrypto Trading Idea, Analysis & Setup: Buy Stellar (XLM)