Cryptocurrency Weekly Trading Outlook – Bitcoin, Ethereum & Ripple


  • Bitcoin looking to support, possibility of wedge coming into view in days to follow (Litecoin, too)
  • Ethereum the strongest of the ‘majors’, still looking for trend-line test
  • Ripple put in reversal-day on Thursday, but can it hold?

Whether you’re a new or experienced cryptocurrency trader, we have several resources to help you;Introduction to bitcoin trading guide, indicator for tracking trader sentiment, archived articles, and a weekly webinar discussing the latest developments.

Bitcoin Litecoin look to hold support, build wedges

Bitcoin has been relatively quiet the past three weeks, with it closing out Friday right about where it was trading three weeks ago. The overall price action, thus far, is constructive following the massive run-up in the final months of last year.

With a little more time, a wedge – of either the symmetrical or descending variety – could come into play as long as support holds between current levels down to ~12000. If a wedge is to fully develop, then the coming days will likely lead to

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