LitecoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Bearish trend is in force. If Bitcoin's price is fixed below $6800, then the closest targets for the decline will be: $6000 and $5000. But, we believe that the Bitcoin exchange rate should be rolled back up to $7300 or $7600 soon.
Forecast for today:
The fall of Bitcoin's rate from $7300 to $6666.
ETHUSD
ETH is not in a hurry to fall in price. We believe that after a rollback up to $425, the Ethereum will continue to decline its value to $380.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
XRP did not come out of the flat yet. We believe that the goal of the fall of his rate to $0.42 will be taken after a rollback upward, to $0.45.
Forecast for today:
The fall in the rate of Ripple from $0.45 to $0.42.
BCHUSD
BCH finishes consolidation and intends to fall in price further. A variant of a prolonged flat is possible.
Forecast for today:
The drop in the Bitcoin Cash rate from $738 to $650.
LTCUSD
The prolonged lateral movement of Litecoin price may end up by $78, and only then the continuation of the fall to $70.
Forecast for today:
The fall of Litecoin rate from $78 to $70.
Bearish trend is in force. If Bitcoin's price is fixed below $6800, then the closest targets for the decline will be: $6000 and $5000. But, we believe that the Bitcoin exchange rate should be rolled back up to $7300 or $7600 soon.
Forecast for today:
The fall of Bitcoin's rate from $7300 to $6666.
ETHUSD
ETH is not in a hurry to fall in price. We believe that after a rollback up to $425, the Ethereum will continue to decline its value to $380.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
XRP did not come out of the flat yet. We believe that the goal of the fall of his rate to $0.42 will be taken after a rollback upward, to $0.45.
Forecast for today:
The fall in the rate of Ripple from $0.45 to $0.42.
BCHUSD
BCH finishes consolidation and intends to fall in price further. A variant of a prolonged flat is possible.
Forecast for today:
The drop in the Bitcoin Cash rate from $738 to $650.
LTCUSD
The prolonged lateral movement of Litecoin price may end up by $78, and only then the continuation of the fall to $70.
Forecast for today:
The fall of Litecoin rate from $78 to $70.
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