LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Bitcoin's price is in a prolonged consolidation. At such moments, a large player is gaining a position. We believe that after a false breakdown to $6800, the price drop of Bitcoin should happen without surprises.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The Ethereum's rate continues its fall. After a slight correction up, the price of the Ethereum can continue to move down.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The rate of Ripple is squeezed in flat. In our opinion, from the flat, Ripple probably will fall.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price, along with other cryptocurrencies, is in consolidation. The balance of power of buyers and sellers has come. We believe that Bitcoin Cash will continue its downward movement.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate grew slightly. We estimate this as a small correction before the upcoming fall in the price of Litecoin.
Forecast for today:
The fall of Litecoin from $60 to $46.
Bitcoin's price is in a prolonged consolidation. At such moments, a large player is gaining a position. We believe that after a false breakdown to $6800, the price drop of Bitcoin should happen without surprises.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The Ethereum's rate continues its fall. After a slight correction up, the price of the Ethereum can continue to move down.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The rate of Ripple is squeezed in flat. In our opinion, from the flat, Ripple probably will fall.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price, along with other cryptocurrencies, is in consolidation. The balance of power of buyers and sellers has come. We believe that Bitcoin Cash will continue its downward movement.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate grew slightly. We estimate this as a small correction before the upcoming fall in the price of Litecoin.
Forecast for today:
The fall of Litecoin from $60 to $46.
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