Bitcoin, Ethereum & Litecoin - American Wrap: 12/18/19

Bitcoin Technical Analysis: Finally some support for BTC/USD

• This chart shows the pattern break to the upside on the hourly timeframe.
• Price has also taken out the last wave high of 6,712.48.
• 7K could be a source for some resistance as traders often look at psychological numbers.

Ethereum technical analysis: ETH/USD $100 return is near

• Ethereum price is trading in the green, up 0.30% the session on Wednesday. 
• ETH/USD is running closer towards a big $100 return, last seen in February. 
• The price has dropped over 35% within the last seven weeks, of which it is has been falling. 

Litecoin technical analysis: LTC/USD big pennant pattern retest eyed

• Litecoin price is trading in the green in the session by some 7.45%. 
• LTC/USD heading for the next critical weekly support down at $20. 
• The bears have firmly been in control since June, after putting an end to the 2019 recovery. 

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