Bitcoin, Litecoin and Ethereum price analysis 30/11/2018

 

Today Bitcoin make a little correction and made a bulback from 10590 USD to 8710 USD, also the marcketcap record a bullback from 33 BLN to 29 BLN, also the 10 major crypto markets record a bullback , from Litecoin to Ethereum, Dash, Monero .

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Bitcoin : 

 

chart

 

Some analysts have claimed that Thanksgiving and the holiday weekend after it led to an increase interest and demand for bitcoin and the cryptocurrency market, as families gathered and discussed the most important developments and technologies, including bitcoin. Essentially, bitcoin was a “hot Thanksgiving discussion point,” and as such, more individual investors and casual traders were exposed to the cryptocurrency market.

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This correction is a great opportunity to bu again now from 8700 USD  to 9500 USD and to cashout the profit on the second week of Decembre,  Because on the second week excatly on 10/12/2017 CBOE and CME two largest Bitcoin exchange will list Bitcoin trading feautres, this will push Bitcoin price for another rally , then a small correction will occur on the holidays, it will be another oppourtunity of buying Bitcoin dip for 2018 .

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Ethereum : 

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Ethereum/USD from coinmarektcap 

 

 

 

Long trades can be opened based on a breakout above the downtrend line. Entry level is 430.00 with stop orders at 386.00 level. Profit targets are 480.00 and 550.00 levels.
Buy: 430.00
Stop: 386.00
Profit Targets: 480.00 and 550.00 .

 

Ethereum own a great future and it will be one of the winner of 2018, the prediction for the price of ether are 1000 USD for the next year .

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Litecoin :

litecoin

Litecoin/USD from Poloniex 

Litecoin, along with Ethereum , faces a significant pullback, but respects support from two trend lines . The Kovach Momentum Indicators are still bullish , but levelling off. The Kovach Reversals Indicator marks rejection from the upper bound with a red triangle, confirming a rejection of highs.

All the level from 75 USD to 85 USD are buy levels for long term trades on litecoin, the targets are from 100 USD to 110 USD, Litecoin si a gret coin to hold for a long term trade .

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Read also :

Bitcoin reach the 10k usd level the factors behind this surge ?

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