Trading Bitcoin and Ethereum Using Stage Analysis

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.