Bitcoin CashShort
Trading Plan: BTC ETH XRP BCH LTC
BTCUSD
Bitcoin quotation started the day with growth. We assume that from the resistance level of $6500, it will continue to decline.
Forecast for today:
The fall of the Bitcoin rate from $6500 to $6000.
ETHUSD
The Ethereum rate is in no hurry to grow. There is a visible weakness of buyers in the cryptocurrency market. Therefore, we expect a continuation of the decline in the quotation of Ethereum.
Forecast for today:
The fall in the rate of Ethereum from $210 to $160.
XRPUSD
Ripple quotation is trying to rise in value. In our opinion, the Ripple rate will continue to fall from $0.50.
Forecast for today:
The fall of the Ripple from $0.50 to $0.25.
BCHUSD
The Bitcoin Cash rate is trying to climb to the edge of the flat. We believe that the bearish trend will continue from $458.
Forecast for today:
The fall of the Bitcoin Cash rate from $458 to $410.
LTCUSD
The price of Litecoin does not show rapid growth yet. Buyers are so weak that, in our opinion, the probability of a fall in the rate of Litecoin is now higher.
Forecast for today:
The fall of the rate of Litecoin from $54 to $47.
Bitcoin quotation started the day with growth. We assume that from the resistance level of $6500, it will continue to decline.
Forecast for today:
The fall of the Bitcoin rate from $6500 to $6000.
ETHUSD
The Ethereum rate is in no hurry to grow. There is a visible weakness of buyers in the cryptocurrency market. Therefore, we expect a continuation of the decline in the quotation of Ethereum.
Forecast for today:
The fall in the rate of Ethereum from $210 to $160.
XRPUSD
Ripple quotation is trying to rise in value. In our opinion, the Ripple rate will continue to fall from $0.50.
Forecast for today:
The fall of the Ripple from $0.50 to $0.25.
BCHUSD
The Bitcoin Cash rate is trying to climb to the edge of the flat. We believe that the bearish trend will continue from $458.
Forecast for today:
The fall of the Bitcoin Cash rate from $458 to $410.
LTCUSD
The price of Litecoin does not show rapid growth yet. Buyers are so weak that, in our opinion, the probability of a fall in the rate of Litecoin is now higher.
Forecast for today:
The fall of the rate of Litecoin from $54 to $47.
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