Wednesday, December 15, 2021

CRYPTO Technical Outlook /Analysis DEC 15 📊⚡🧙‍♂️

  • BTCUSD
    BTC closed bullish today from its $46,500 support target. More upwards pressure should come but anything is possible from the Fed's fundamental event tomorrow. Bitcoin will respond to stock indices tomorrow 👀

Technical Outlook

Daily Chart

  • ETHUSD
    ETH closed bullish but it's an inside bar. I’ll expect more volatility tomorrow but Bitcoin and fundamental data from the Fed will play a major role. I'll pay close attention to the intraday chart tomorrow to look for a scalp opportunity 🤔

Technical Outlook

Daily Chart

  • LTCUSD
    LTC is copying Bitcoin’s price action. The Daily candle closed green but it is still an inside bar. It will eventually be choppy in the Daily range area. I will be tracking its intraday chart tomorrow ⚡

Technical Outlook

Daily Chart

  • XRPUSD
    XRPBTC closed as a doji and is teasing its falling wedge. $XRP closed with an inside bar. We need to wait for a directional bias from their current locations. I’ll be more interested in the intraday chart tomorrow to look for a scalp setup 😈

Technical Outlook

Daily Chart

  • LINKUSD
    LINK closed slightly bullish today but it’s still an inside bar. I’ll be expecting more upwards pressure from this support target zone but Bitcoin will decide the direction in this range area. I’ll be more interested in the intraday chart 🧐

Technical Outlook

Daily Chart


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