LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The picture of technical analysis for Bitcoin has not changed: buyers are accumulating strength for the last breakthrough, and sellers are waiting for buyers. There is a small potential for the growth of Bitcoin's rate to: $7200 - $6900, but it may not be realized.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The price of Ethereum is at the upper boundary of the growing channel: at least there must be a rollback downward, before moving up. But, we believe that the bearish trend for Ethereum will continue.
Forecast for today:
The drop in the rate of Ethereum from $255 to $160.
XRPUSD
The Ripple rate has grown enough to make a correction down. The flat is likely to last the whole day.
Forecast for today:
The fall in the rate of Ripple from $0.70 to $0.24.
BCHUSD
Bitcoin Cash rate began to form a triangle. It is possible that today there will be lateral movement, with a false exit upward, and a true downward movement.
Forecast for today:
The drop in the Bitcoin Cash rate from $523 to $380.
LTCUSD
Litecoin piece has fulfilled the correctional growth, therefore we wait for its reduction.
Forecast for today:
The drop in the Litecoin rate from $64 to $46.
The picture of technical analysis for Bitcoin has not changed: buyers are accumulating strength for the last breakthrough, and sellers are waiting for buyers. There is a small potential for the growth of Bitcoin's rate to: $7200 - $6900, but it may not be realized.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The price of Ethereum is at the upper boundary of the growing channel: at least there must be a rollback downward, before moving up. But, we believe that the bearish trend for Ethereum will continue.
Forecast for today:
The drop in the rate of Ethereum from $255 to $160.
XRPUSD
The Ripple rate has grown enough to make a correction down. The flat is likely to last the whole day.
Forecast for today:
The fall in the rate of Ripple from $0.70 to $0.24.
BCHUSD
Bitcoin Cash rate began to form a triangle. It is possible that today there will be lateral movement, with a false exit upward, and a true downward movement.
Forecast for today:
The drop in the Bitcoin Cash rate from $523 to $380.
LTCUSD
Litecoin piece has fulfilled the correctional growth, therefore we wait for its reduction.
Forecast for today:
The drop in the Litecoin rate from $64 to $46.
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