LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
We observe very low liquidity in the crypto market: trading orders are executed on crypto-exchanges with requotes, price jumps, spiers on the chart, etc. And this means that there are no buyers on the market yet: the imbalance of Bitcoin's demand and supply. Hence the conclusion: Bitcoin's rate will fall further.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The level of $225 turned out to be strong resistance for the growth of the price of the Ethereum. We count on the weakness of buyers, and the continuation of the downward movement of the Ethereum's rate.
Forecast for today:
The drop in Ethereum's rate from $235 to $160.
XRPUSD
The price of Ripple is now in the consolidation. In our opinion, its fall will continue.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Today, buyers in the crypto market aren't noticable, therefore, with a greater probability, the price of Bitcoin Cash will decrease deeper.
Forecast for today:
The drop of the Bitcoin Cash rate from $540 to $400.
LTCUSD
LTC price beautifully bounced off the level of $58 down. Let's hope that our forecast for its fall will come true.
Forecast for today:
The fall of Litecoin rate from $58 to $46.
We observe very low liquidity in the crypto market: trading orders are executed on crypto-exchanges with requotes, price jumps, spiers on the chart, etc. And this means that there are no buyers on the market yet: the imbalance of Bitcoin's demand and supply. Hence the conclusion: Bitcoin's rate will fall further.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The level of $225 turned out to be strong resistance for the growth of the price of the Ethereum. We count on the weakness of buyers, and the continuation of the downward movement of the Ethereum's rate.
Forecast for today:
The drop in Ethereum's rate from $235 to $160.
XRPUSD
The price of Ripple is now in the consolidation. In our opinion, its fall will continue.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Today, buyers in the crypto market aren't noticable, therefore, with a greater probability, the price of Bitcoin Cash will decrease deeper.
Forecast for today:
The drop of the Bitcoin Cash rate from $540 to $400.
LTCUSD
LTC price beautifully bounced off the level of $58 down. Let's hope that our forecast for its fall will come true.
Forecast for today:
The fall of Litecoin rate from $58 to $46.
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