BitcoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Only Bitcoin's price managed to grow strongly in the Asian session, despite the low market capitalization. It's very much like a false exit up before of a strong drop in Bitcoin's rate.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The Ethereum rate has already been sufficiently adjusted upwards, before continuing the movement in a downward trend. In the zone: $320 - $300, the price of the Ethereum may continue to fall.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The Ripple rate has risen to a resistance level of $0.35. It is possible that from the zone: $0.38 - $0.36 the price of Ripple will continue to fall.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price is still in flat. Buyers are trying to raise the price of Bitcoin Cash, but near the $600 level we assume strong resistance from sellers and the continued drop in its price.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate was able to rise against the backdrop of a rise in Bitcoin's price. Strong resistance of sellers, we assume, will be near the level of $60.
Forecast for today:
The fall of Litecoin from $60 to $46.
Only Bitcoin's price managed to grow strongly in the Asian session, despite the low market capitalization. It's very much like a false exit up before of a strong drop in Bitcoin's rate.
Forecast for today:
The fall of Bitcoin's rate from $7000 to $5800.
ETHUSD
The Ethereum rate has already been sufficiently adjusted upwards, before continuing the movement in a downward trend. In the zone: $320 - $300, the price of the Ethereum may continue to fall.
Forecast for today:
The drop of the Ethereum's rate from $300 to $240.
XRPUSD
The Ripple rate has risen to a resistance level of $0.35. It is possible that from the zone: $0.38 - $0.36 the price of Ripple will continue to fall.
Forecast for today:
The fall of the Ripple rate from $0.36 to $0.24.
BCHUSD
Bitcoin Cash price is still in flat. Buyers are trying to raise the price of Bitcoin Cash, but near the $600 level we assume strong resistance from sellers and the continued drop in its price.
Forecast for today:
The fall of the Bitcoin Cash rate from $600 to $441.
LTCUSD
The Litecoin rate was able to rise against the backdrop of a rise in Bitcoin's price. Strong resistance of sellers, we assume, will be near the level of $60.
Forecast for today:
The fall of Litecoin from $60 to $46.
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