Trading Bitcoin and Ethereum Using Stage Analysis

Independent Trader • Jun 27, 2017 at 1:53 PM EDT

Cryptocurrencies like Bitcoin and Ethereum have been the biggest trade of 2017.

Cryptocurrencies like Bitcoin and Ethereum have been the biggest trade of 2017. In this video I take a look at Bitcoin, Ethereum, Ripple, and Litecoin from a Stage Analysis perspective. Interestingly Bitcoin has been in a Stage 2 bull market ever since late 2015, but has only captured the attention of the media with its recent parabolic rise. Cryptocurrencies are now dangerously extended from their 30-week moving average and I discuss why that’s a warning sign for disciplined traders.

(Video length 00:10:45)

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