BitcoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The battle of bulls and bears for Bitcoin is now in the zone: $7500 - $7250. It is possible that large buyers have already begun to gain a long position in Bitcoin. In our opinion, in the coming days, the bears will still have a chance to reduce Bitcoin's rate to: $7000 - $6800. Otherwise, starting with $7300, a strong increase in its value may begin.
Forecast for today:
The fall of Bitcoin's rate from $7640 to $6800.
ETHUSD
ETH has grown a little in price, and has every chance with $400 to rise sharply. But, we believe that bears will not just surrender so easily, so maybe the last drop in the rate of Ethereum to $380 is possible before the start of growth.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
Ripple is in the zone of wide volatility: $0.46 - $0.42. And this means that it can go up from any point in this zone, for example, from $0.43. We believe that Ripple will initially expand the consolidation zone down, and only then will there be a sharp increase in its value.
Forecast for today:
The fall in the rate of Ripple from $0.46 to $0.42.
BCHUSD
BCH is still too weak for growth. At the current moment, its rate is directed downward. But, we believe that in the zone: $680 - $650, buyers can support the price of Bitcoin Cash.
Forecast for today:
The drop of the Bitcoin Cash rate from $755 to $650.
LTCUSD
Litecoin rate made a slight correction upward, and intends to continue falling. Litecoin reversal of price may come near the level of $72.
Forecast for today:
The fall of Litecoin rate from $80 to $72.
The battle of bulls and bears for Bitcoin is now in the zone: $7500 - $7250. It is possible that large buyers have already begun to gain a long position in Bitcoin. In our opinion, in the coming days, the bears will still have a chance to reduce Bitcoin's rate to: $7000 - $6800. Otherwise, starting with $7300, a strong increase in its value may begin.
Forecast for today:
The fall of Bitcoin's rate from $7640 to $6800.
ETHUSD
ETH has grown a little in price, and has every chance with $400 to rise sharply. But, we believe that bears will not just surrender so easily, so maybe the last drop in the rate of Ethereum to $380 is possible before the start of growth.
Forecast for today:
The drop in the rate of the Ethereum from $425 to $380.
XRPUSD
Ripple is in the zone of wide volatility: $0.46 - $0.42. And this means that it can go up from any point in this zone, for example, from $0.43. We believe that Ripple will initially expand the consolidation zone down, and only then will there be a sharp increase in its value.
Forecast for today:
The fall in the rate of Ripple from $0.46 to $0.42.
BCHUSD
BCH is still too weak for growth. At the current moment, its rate is directed downward. But, we believe that in the zone: $680 - $650, buyers can support the price of Bitcoin Cash.
Forecast for today:
The drop of the Bitcoin Cash rate from $755 to $650.
LTCUSD
Litecoin rate made a slight correction upward, and intends to continue falling. Litecoin reversal of price may come near the level of $72.
Forecast for today:
The fall of Litecoin rate from $80 to $72.
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