Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Right now the bulls do not have enough strength to raise the Bitcoin rate above $6500. Perhaps today Bitcoin trades will continue in the price corridor: $6,500 - $6,200. Correction of Bitcoin's price has not yet been completed, so there is a small potential for raising it to: $7000 - $7800.
Forecast for today:
The growth of Bitcoin rate from $6500 to $7000.
ETHUSD
The price of the Ethereum froze in the lateral movement. Now, both options are possible: the growth of Ethereum rate to $360, the continuation of the fall to $300. We believe that there are still chances for Ethereum to rise in price.
Forecast for today:
The growth of Ethereum rate from $320 to $360.
XRPUSD
Ripple is still consolidating in the range of $0.31 - $0.29. We do not exclude the continuation of the fall in its price to $0.27, but we expect to see an unexpected increase for everyone to $0.35.
Forecast for today:
The growth of Ripple rate from $0.31 to $0.35.
BCHUSD
The BCH rate is currently bouncing down from the $580 level. There is a probability of a drop in its price to $540, or $520. We hope that the bulls will win in this fight.
Forecast for today:
The growth of Bitcoin Cash rate from $583 to $640.
LTCUSD
The Litecoin rate was in lateral movement at a level $60. The continuation of falling of its price to $53 is possible. We expect that buyers of Litecoin will be able to continue the initiated bullish impulse.
Forecast for today:
The growth of Litecoin rate from $60 to $68.
Right now the bulls do not have enough strength to raise the Bitcoin rate above $6500. Perhaps today Bitcoin trades will continue in the price corridor: $6,500 - $6,200. Correction of Bitcoin's price has not yet been completed, so there is a small potential for raising it to: $7000 - $7800.
Forecast for today:
The growth of Bitcoin rate from $6500 to $7000.
ETHUSD
The price of the Ethereum froze in the lateral movement. Now, both options are possible: the growth of Ethereum rate to $360, the continuation of the fall to $300. We believe that there are still chances for Ethereum to rise in price.
Forecast for today:
The growth of Ethereum rate from $320 to $360.
XRPUSD
Ripple is still consolidating in the range of $0.31 - $0.29. We do not exclude the continuation of the fall in its price to $0.27, but we expect to see an unexpected increase for everyone to $0.35.
Forecast for today:
The growth of Ripple rate from $0.31 to $0.35.
BCHUSD
The BCH rate is currently bouncing down from the $580 level. There is a probability of a drop in its price to $540, or $520. We hope that the bulls will win in this fight.
Forecast for today:
The growth of Bitcoin Cash rate from $583 to $640.
LTCUSD
The Litecoin rate was in lateral movement at a level $60. The continuation of falling of its price to $53 is possible. We expect that buyers of Litecoin will be able to continue the initiated bullish impulse.
Forecast for today:
The growth of Litecoin rate from $60 to $68.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.