Bitcoin CashShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Buyers do not show initiative, and sellers are running out of cryptocoins right now, so we are watching the balance of forces over Bitcoin. In our opinion, at the current moment, Bitcoin's price will remain flat for a while, and then it will continue its decline.
Forecast for today:
The fall of Bitcoin's rate from $7220 to $6666.
ETHUSD
ETH slightly adjusted upwards, but still buyers were not able to raise its price far. Right now everything looks like a downwards movement is going to happen.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
XRP did not leave the flat, which can last a couple of days. We believe that bears will be able to reduce the price of Ripple.
Forecast for today:
The fall in the rate of Ripple from $0.45 to $0.42.
BCHUSD
BCH grew in value a little but so far it has not escaped from bears. In the current moment, we see a continued fall in the Bitcoin Cash rate.
Forecast for today:
The drop in the Bitcoin Cash rate from $738 to $650.
LTCUSD
Litecoin rate has risen in value, but not significantly. In our opinion, the price of Litecoin will fall today.
Forecast for today:
The fall of Litecoin rate from $78 to $70.
Buyers do not show initiative, and sellers are running out of cryptocoins right now, so we are watching the balance of forces over Bitcoin. In our opinion, at the current moment, Bitcoin's price will remain flat for a while, and then it will continue its decline.
Forecast for today:
The fall of Bitcoin's rate from $7220 to $6666.
ETHUSD
ETH slightly adjusted upwards, but still buyers were not able to raise its price far. Right now everything looks like a downwards movement is going to happen.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
XRP did not leave the flat, which can last a couple of days. We believe that bears will be able to reduce the price of Ripple.
Forecast for today:
The fall in the rate of Ripple from $0.45 to $0.42.
BCHUSD
BCH grew in value a little but so far it has not escaped from bears. In the current moment, we see a continued fall in the Bitcoin Cash rate.
Forecast for today:
The drop in the Bitcoin Cash rate from $738 to $650.
LTCUSD
Litecoin rate has risen in value, but not significantly. In our opinion, the price of Litecoin will fall today.
Forecast for today:
The fall of Litecoin rate from $78 to $70.
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