LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The bearish trend for Bitcoin is still in force. Today we are seeing the long-awaited correction of Bitcoin's price to a downward movement. Of course, we can not exclude the possibility of a full-fledged reversal up. But, it is too early to talk about this.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The volatility of the value of Ethereum was sensed by many investors. The rapid decline in its value was replaced by a sharp rise. We must remember that the bearish trend is not over yet, so we are waiting for $235.
Forecast for today:
The drop in the Ethereum's rate from $235 to $160.
XRPUSD
The bounce of Ripple's price upwards continues. While the bearish trend is in force, it's too early to talk about the global spread of the Ripple quotation. Aggressive traders can earn at first on the growth of Ripple rate, and then also on its fall. We follow the bearish trend.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Variability of mood of the crypto market hit the purses of long-term investors. After the drop in the price of Bitcoin Cash, a slight rollback happened. We stick to a downtrend, and we expect the end of correction of the Bitcoin Cash rate near the zone: $540 - $520.
Forecast for today:
The drop of the Bitcoin Cash rate from $540 to $400.
LTCUSD
LTC price bounced well from its lows upward. Today, there is still a bearish trend on it, so we are waiting for the correction to end, and we are thinking about Litecoin sales.
Forecast for today:
The fall of the Litecoin rate from $58 to $46.
The bearish trend for Bitcoin is still in force. Today we are seeing the long-awaited correction of Bitcoin's price to a downward movement. Of course, we can not exclude the possibility of a full-fledged reversal up. But, it is too early to talk about this.
Forecast for today:
The fall of Bitcoin's rate from $6740 to $5500.
ETHUSD
The volatility of the value of Ethereum was sensed by many investors. The rapid decline in its value was replaced by a sharp rise. We must remember that the bearish trend is not over yet, so we are waiting for $235.
Forecast for today:
The drop in the Ethereum's rate from $235 to $160.
XRPUSD
The bounce of Ripple's price upwards continues. While the bearish trend is in force, it's too early to talk about the global spread of the Ripple quotation. Aggressive traders can earn at first on the growth of Ripple rate, and then also on its fall. We follow the bearish trend.
Forecast for today:
The fall of the Ripple rate from $0.303 to $0.24.
BCHUSD
Variability of mood of the crypto market hit the purses of long-term investors. After the drop in the price of Bitcoin Cash, a slight rollback happened. We stick to a downtrend, and we expect the end of correction of the Bitcoin Cash rate near the zone: $540 - $520.
Forecast for today:
The drop of the Bitcoin Cash rate from $540 to $400.
LTCUSD
LTC price bounced well from its lows upward. Today, there is still a bearish trend on it, so we are waiting for the correction to end, and we are thinking about Litecoin sales.
Forecast for today:
The fall of the Litecoin rate from $58 to $46.
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