Crypto technical analysis for 16 may 2018

May 16, 2018 6:41 am

BTCUSD:

Trade signals:

Bearish: BTCUSD hold to get $8300.

Bullish: BTCUSD buy at $8300.

Opportunity for short: hold short BTCUSD position to get $8300.

Opportunity for long at $8300: BTCUSD falls and rebounds from $8200 support.

LTCUSD:

Trade signals:

Bullish: LTCUSD buy at $135.

Bullish: LTCUSD buy at $124.

Opportunity for long at $135: LTCUSD grows and breaks $133 support.

Opportunity for long at $124: LTCUSD falls and rebounds from $122 support.

ETHUSD:

Trade signals:

Bullish: ETHUSD buy at $665.

Bearish: ETHUSD sell at $700.

Opportunity for long at $665: ETHUSD falls and rebounds from $650 support.

Opportunity for short at $700: ETHSUD grows and rebounds from $720 resistance and upper line of downscending channel.

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