BitcoinShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The price of Bitcoin rose to the resistance zone: $7600 - $7200, and has been moving into consolidation for a long time. For the reversal for purchase, Bitcoin rate should test the level of $6000, and only then move to $8000, $9500, and $10000.
In the next few days, we expect Bitcoin's quotation to fall into the support zone: $6000 - 5600.
Forecast for today:
The drop of Bitcoin's rate from $7400 to $6825.
ETHUSD
Ethereum rate found support from buyers in the zone: $500- $400, and can not get out of it. If the price of Ethereum will be able to fix above $560, then there is a possibility of upward movement for a couple of weeks.
At the moment, we see a drop in the quotation of Ethereum to $440, and then to $400.
Forecast for today:
The drop in the rate of Ethereum from $ 480 to $ 440.
XRPUSD
The Ripple rate is still in a downward motion. A reversal for purchase of Ripple is possible after its price breaking upwards the level of $ 0.55.
We are inclined to the possibility of the Ripple rate fall continuation.
Forecast for today:
Ripple rate drop from $ 0.45 to $ 0.40.
BCHUSD
Bitcoin Cash price has been testing from below the level of $900 for a long time. The turning point for Bitcoin Cash is $1100.
Now it is more likely that the price of Bitcoin Cash will continue to fall.
Forecast for today:
The drop in the Bitcoin Cash rate from $ 790 to $ 700.
LTCUSD
Litecoin price, as well as the previous cryptocurrencies, has been in consolidation for a long time.
A reversal for Litecoin purchase is possible after its price passing the level of $ 110.
At the moment we see the Litecoin rate fall continuation.
Forecast for today:
Litecoin rate drop from $ 84 to $ 74.
The price of Bitcoin rose to the resistance zone: $7600 - $7200, and has been moving into consolidation for a long time. For the reversal for purchase, Bitcoin rate should test the level of $6000, and only then move to $8000, $9500, and $10000.
In the next few days, we expect Bitcoin's quotation to fall into the support zone: $6000 - 5600.
Forecast for today:
The drop of Bitcoin's rate from $7400 to $6825.
ETHUSD
Ethereum rate found support from buyers in the zone: $500- $400, and can not get out of it. If the price of Ethereum will be able to fix above $560, then there is a possibility of upward movement for a couple of weeks.
At the moment, we see a drop in the quotation of Ethereum to $440, and then to $400.
Forecast for today:
The drop in the rate of Ethereum from $ 480 to $ 440.
XRPUSD
The Ripple rate is still in a downward motion. A reversal for purchase of Ripple is possible after its price breaking upwards the level of $ 0.55.
We are inclined to the possibility of the Ripple rate fall continuation.
Forecast for today:
Ripple rate drop from $ 0.45 to $ 0.40.
BCHUSD
Bitcoin Cash price has been testing from below the level of $900 for a long time. The turning point for Bitcoin Cash is $1100.
Now it is more likely that the price of Bitcoin Cash will continue to fall.
Forecast for today:
The drop in the Bitcoin Cash rate from $ 790 to $ 700.
LTCUSD
Litecoin price, as well as the previous cryptocurrencies, has been in consolidation for a long time.
A reversal for Litecoin purchase is possible after its price passing the level of $ 110.
At the moment we see the Litecoin rate fall continuation.
Forecast for today:
Litecoin rate drop from $ 84 to $ 74.
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