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Some crypto charts I'm watching
The risk/reward in crypto was fantastic in Oct, as I wrote about here. It’s been one of my best trades in the past 6 months, but I’m a little cautious here.
LTC Weekly. Failed breakout from a 4-year channel. I’d become bullish on this space if LTC can close the week above this channel.
ETH Weekly. Stalled at 4yr channel resistance.
BTC/QQQ Weekly. Ditto.
Finally, if only there was a sign of excess somewhere…🤖
Important Disclaimer: This blog is for educational purposes only. I am not a financial advisor and nothing I post is investment advice. The securities I discuss are considered highly risky so do your own due diligence.