BitcoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Bitcoin's price is slowly rising. Correction to the descending movement of Bitcoin's rate was prolonged. It is possible that it will grow to $7200 - $7500. Until this happens, we stick to the bearish trend.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The price of Ethereum is still in flat. It is possible that we are on the verge of the reversal of buyers, because the momentum did not come down. In such uncertainty, we prefer to keep a bearish trend.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The rate of Ripple does not want to fall, so it will grow. It is possible that the correction to the downtrend will be more profound, or a sharp rise in the price of Ripple will start.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price has slowed its decline and has been in consolidation for a long time. We do not exclude a sharp impulse up of Bitcoin Cash. While it is too early to think about this, we are sticking to the bearish trend.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate refuses to decline. It is possible that it will grow to our sales area near the level of 60. Now it is difficult to accurately predict the direction of the price movement of Litecoin, so we stay on the side of the bears.
Forecast for today:
The fall of Litecoin from $60 to $46.
Bitcoin's price is slowly rising. Correction to the descending movement of Bitcoin's rate was prolonged. It is possible that it will grow to $7200 - $7500. Until this happens, we stick to the bearish trend.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The price of Ethereum is still in flat. It is possible that we are on the verge of the reversal of buyers, because the momentum did not come down. In such uncertainty, we prefer to keep a bearish trend.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The rate of Ripple does not want to fall, so it will grow. It is possible that the correction to the downtrend will be more profound, or a sharp rise in the price of Ripple will start.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price has slowed its decline and has been in consolidation for a long time. We do not exclude a sharp impulse up of Bitcoin Cash. While it is too early to think about this, we are sticking to the bearish trend.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate refuses to decline. It is possible that it will grow to our sales area near the level of 60. Now it is difficult to accurately predict the direction of the price movement of Litecoin, so we stay on the side of the bears.
Forecast for today:
The fall of Litecoin from $60 to $46.
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.