LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The descending movement of Bitcoin's rate continues. We believe that it will be accompanied by strong rollbacks of Bitcoin's price.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
Despite the strong bearish trend of Ethereum price, near the $180 level, support from buyers is possible. In our opinion, in the $220 - $180 zone there will be a long flat for the quotation of Ethereum.
Forecast for today:
The drop in the Ethereum's rate from $235 to $160.
XRPUSD
The Ripple rate continues its consolidation. The forces of bears are running out, and the bulls have not yet shown initiative. That's why we believe that the flat for the Ripple quotation is possible.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Bitcoin Cash price almost reached our goal. Given such a strong downward momentum in the Bitcoin Cash rate, its fall may continue further.
Forecast for today:
The drop of the Bitcoin Cash rate from $463 to $380.
LTCUSD
The price of LTC fell to the level of $50. In our opinion, the flat rate of Litecoin in the range: $56 - $50 is possible.
Forecast for today:
The fall of Litecoin rate from $58 to $46.
The descending movement of Bitcoin's rate continues. We believe that it will be accompanied by strong rollbacks of Bitcoin's price.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
Despite the strong bearish trend of Ethereum price, near the $180 level, support from buyers is possible. In our opinion, in the $220 - $180 zone there will be a long flat for the quotation of Ethereum.
Forecast for today:
The drop in the Ethereum's rate from $235 to $160.
XRPUSD
The Ripple rate continues its consolidation. The forces of bears are running out, and the bulls have not yet shown initiative. That's why we believe that the flat for the Ripple quotation is possible.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Bitcoin Cash price almost reached our goal. Given such a strong downward momentum in the Bitcoin Cash rate, its fall may continue further.
Forecast for today:
The drop of the Bitcoin Cash rate from $463 to $380.
LTCUSD
The price of LTC fell to the level of $50. In our opinion, the flat rate of Litecoin in the range: $56 - $50 is possible.
Forecast for today:
The fall of Litecoin rate from $58 to $46.
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