MegalodonTrading

BULL is BACK ? Signals for Ethereum Bitcoin Litecoin BitcoinCash

Long
KRAKEN:BCHUSD   Bitcoin Cash
--------------------------------------ETHEREUM ANALYSIS--------------------------------------
Megalodon indicator is showing 291 buy signals VS 12 sell signals on Ethereum. We have been loading the bags on ETH for the next rally. It seems like ETH is one of the most underperforming cryptocurrency right now.
At the same time, ETH's 61.8% level with the previous high and previous low is around 368.35$. This is a really GOOD trade for the Long Term investors that would like to diversify their portfolio into a little bit of crypto.
--------------------------------------BITCOIN ANALYSIS--------------------------------------
Megalodon indicator is showing 268 buy signals VS 125 sell signals on Bitcoin. It is not the best time to load up for longer term. However, as shown in the video, 61.8 % level could bring around 11% profits on the upside.
--------------------------------------LITECOIN ANALYSIS--------------------------------------
Megalodon indicator is showing 151 buy signals VS 187 sell signals on Litecoin. We can not chase litecoin as we have more sell signals than buy signals on the daily time frame. However, Litecoin has been one of the leading assets on cryptocurrency market. Thus, we are going to consider taking more long positions with the next buy and strong buy signals for the shorter time frame trades.
--------------------------------------BITCOINCASH ANALYSIS--------------------------------------
Megalodon indicator is showing 110 buy signals VS 94 sell signals on Bitcoincash. We have slightly more buy signals than sell signals. We all know that if they pump Bitcoincash, they pump it really fast. We should probably diversify at least some of our portfolio in to this asset, as we receive more buy signals for the shorter time frames.
--------------------------------------What is MEGALODON?--------------------------------------
Megalodon is an Artificial Intelligence that uses Machine Learning and Neural Networks to combine 574 back-tested indicators and 2674 back-tested setups, simultaneously.
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