Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Bitcoin's price is now at an important $6800 level. It is from this level that buyers can begin to grow the rate of BTCUSD. But, and sellers firmly hold in their paws the crypto market. Therefore, we occupy a neutral position and two scenarios are possible: both the purchase of Bitcoin, and its sale, under certain conditions.
Forecast for today:
1. The fall of Bitcoin's rate from $6800 to $6000.
2. The growth of Bitcoin's rate from $7220 to $8000
ETHUSD
ETH has long enough to keep the level of $400. In the coming days, there will come a moment of truth: either the bulls will take the initiative "by the horns," or the bears continue to "choke" the market with their paws.
Forecast for today:
1. The drop of the Ethereum's rate from $390 to $320.
2. The growth of the Ethereum's rate from $415 to $480.
XRPUSD
XRP came out of a long flat down. But, we know how it can suddenly grow. Therefore, in the coming days, we do not exclude the possibility of raising the Ripple rate upwards.
Forecast for today:
1. The fall in the rate of Ripple from $0.39 to $0.34.
2. The growth of Ripple's rate from $0.42 to $0.50.
BCHUSD
BCH is in a very good position for growth. It is possible that soon there will be large buyers and they will be able to raise the price of Bitcoin Cash. Today we are considering both options for the development of events for BCHUSD.
Forecast for today:
1. The drop in the Bitcoin Cash rate from $670 to $600.
2. The growth of Bitcoin Cash rate from $722 to $900.
LTCUSD
Litecoin rate has been in flat for several days. We believe that there is a possibility of growth of its rate. But, while the market is in the clutches of the bears, it's too early to talk about buying. That's why today we are considering two scenarios.
Forecast for today:
1. The fall of Litecoin's rate from $70 to $50.
2. The growth of Litecoin's rate from $78 to $100.
Bitcoin's price is now at an important $6800 level. It is from this level that buyers can begin to grow the rate of BTCUSD. But, and sellers firmly hold in their paws the crypto market. Therefore, we occupy a neutral position and two scenarios are possible: both the purchase of Bitcoin, and its sale, under certain conditions.
Forecast for today:
1. The fall of Bitcoin's rate from $6800 to $6000.
2. The growth of Bitcoin's rate from $7220 to $8000
ETHUSD
ETH has long enough to keep the level of $400. In the coming days, there will come a moment of truth: either the bulls will take the initiative "by the horns," or the bears continue to "choke" the market with their paws.
Forecast for today:
1. The drop of the Ethereum's rate from $390 to $320.
2. The growth of the Ethereum's rate from $415 to $480.
XRPUSD
XRP came out of a long flat down. But, we know how it can suddenly grow. Therefore, in the coming days, we do not exclude the possibility of raising the Ripple rate upwards.
Forecast for today:
1. The fall in the rate of Ripple from $0.39 to $0.34.
2. The growth of Ripple's rate from $0.42 to $0.50.
BCHUSD
BCH is in a very good position for growth. It is possible that soon there will be large buyers and they will be able to raise the price of Bitcoin Cash. Today we are considering both options for the development of events for BCHUSD.
Forecast for today:
1. The drop in the Bitcoin Cash rate from $670 to $600.
2. The growth of Bitcoin Cash rate from $722 to $900.
LTCUSD
Litecoin rate has been in flat for several days. We believe that there is a possibility of growth of its rate. But, while the market is in the clutches of the bears, it's too early to talk about buying. That's why today we are considering two scenarios.
Forecast for today:
1. The fall of Litecoin's rate from $70 to $50.
2. The growth of Litecoin's rate from $78 to $100.
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