LitecoinShort
Trading Plan: BTC ETH XRP BCH LTC
BTCUSD
To continue the downward movement Bitcoin quotation need a correction. We assume that the decline in the Bitcoin rate will continue from the zone: $6400 - $6320.
Forecast for today:
The fall of the Bitcoin rate from $6320 to $6000.
ETHUSD
The rate of Ethereum came down like an impulse. Its fall may continue from the zone: $220 - $214.
Forecast for today:
The fall in the rate of Ethereum from $214 to $160.
XRPUSD
Ripple's price is already testing the bottom level of $0.43. In our opinion, the decline in its value may continue from the zone: $0.50 - $0.43.
Forecast for today:
The fall of Ripple from $0.43 to $0.25.
BCHUSD
The Bitcoin Cash rate has already reached our goal. We believe that it may take a sideways movement, followed by a repeated exit to $420. Estimated pricing sales zone for Bitcoin Cash: $500 - $470.
Forecast for today:
The fall of the Bitcoin Cash rate from $470 to $425.
LTCUSD
The price of Litecoin began its correction after a sharp fall. We believe that the rate of Litecoin will continue to decline from the zone: $56 - $53.
Forecast for today:
The fall of the rate of Litecoin from $53 to $47.
To continue the downward movement Bitcoin quotation need a correction. We assume that the decline in the Bitcoin rate will continue from the zone: $6400 - $6320.
Forecast for today:
The fall of the Bitcoin rate from $6320 to $6000.
ETHUSD
The rate of Ethereum came down like an impulse. Its fall may continue from the zone: $220 - $214.
Forecast for today:
The fall in the rate of Ethereum from $214 to $160.
XRPUSD
Ripple's price is already testing the bottom level of $0.43. In our opinion, the decline in its value may continue from the zone: $0.50 - $0.43.
Forecast for today:
The fall of Ripple from $0.43 to $0.25.
BCHUSD
The Bitcoin Cash rate has already reached our goal. We believe that it may take a sideways movement, followed by a repeated exit to $420. Estimated pricing sales zone for Bitcoin Cash: $500 - $470.
Forecast for today:
The fall of the Bitcoin Cash rate from $470 to $425.
LTCUSD
The price of Litecoin began its correction after a sharp fall. We believe that the rate of Litecoin will continue to decline from the zone: $56 - $53.
Forecast for today:
The fall of the rate of Litecoin from $53 to $47.
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