Feb 8, 2019 - Crypto Watchlist
With LTC driving the market attention, the market is looking primed for a bullish reversal for short term. Primary coins to be watching are BTC, ETH, LTC, and XRP.
For BTC, we are looking for long entries between $3,500 and $3,550. Price has broken the channel, and a key horizontal support. We are going to try and get in on the retest of this level.
Because of the fundamental catalyst, LTC is currently dominating the market hype. The catalyst for LTC is the block reward adjustment which should happen somewhere around August. This is a major event, and it is happening to a major coin.
For LTC, we are looking at anywhere between 0.010750 to 0.009950 to open longs. If you manage to secure a position, it is best to only consider partial profits until we get closer to the catalyst.
As for other coins, BNB is looking incredibly bullish. This run was again fueled by catalysts. 0.0026555 is the all-time-high price for BNB. If this broken, BNB could provide great trade opportunities.