Analysis of prices BTC, ETH, LTC (08.05.18)
Bitcoin
Bitcoin tested the level of 23.6% Fibo and immediately bounced up, forming a reversal doji. At the Asian session, the coin was able to gain a foothold over the support of $9245, but the top is still pressed EMA50 and EMA200. If the bulls can advance above the moving averages, we enter the longs at a price of $9400. Sell the coin in the event of a break of 23.6% Fibo, starting at $8950.
Ethereum
Ethereum formed a double bottom, the neck of which coincided with the moving average EMA200. The penetration of the figure became a strong reversal signal and helped the coin to return above the 38.2% Fibo level. On the rebound from it, increase the long, starting at $755. Ethereum has almost fulfilled the bullish potential of the double bottom. In the event of a change of trend and a break of the 38.2% Fibo down open a short position at a price of $712.
Litecoin
Litecoin implemented bullish convergence of MACD and RSI indicators, rising to the upper limit of the current range. On the rebound from the support of $ 145, he formed a hammer, which speaks in favor of bulls. If the buyers to breakout above the level of 23.6% Fibo, long positions should be opened at a price of $159. We sell Litecoin starting at $ 142, if the support of $145 is broken.