Trading Plan: BTC ETH XRP BCH LTC
BTCUSD
The Bitcoin rate slowed down its pace. It is possible that $4000 is its "bottom".
Forecast for today:
Neutral position at the rate of Bitcoin with a range: $5345 - $4000.
ETHUSD
The rate of the Ethereum tries to break down the level of $120. Now it is difficult to say with confidence that the fall of Ethereum has ceased, so we are in a neutral position.
Forecast for today:
Neutral position at the rate of Ethereum with a range: $165 - $120.
XRPUSD
Ripple's rate is slowly falling to a level of $0.37. At any time there may be a sharp bounce of its quotes up.
Forecast for today:
Neutral position of the Ripple rate with a range: $0.53 - $0.37.
BCHUSD
The Bitcoin Cash rate continues its bearish rally. It stands out from the overall picture of the cryptocurrency trade. In our opinion, its fall is possible to the level of $150. Also, we do not exclude a sharp bounce in the price of Bitcoin Cash up.
Forecast for today:
Neutral position of the Bitcoin Cash rate with a range: $330 - $150.
LTCUSD
The rate of Litecoin holds the level of $30. We expect its price to bounce upwards to $40, or $47.
Forecast for today:
Neutral position of Litecoin rate with a range: $47 - $30.
The Bitcoin rate slowed down its pace. It is possible that $4000 is its "bottom".
Forecast for today:
Neutral position at the rate of Bitcoin with a range: $5345 - $4000.
ETHUSD
The rate of the Ethereum tries to break down the level of $120. Now it is difficult to say with confidence that the fall of Ethereum has ceased, so we are in a neutral position.
Forecast for today:
Neutral position at the rate of Ethereum with a range: $165 - $120.
XRPUSD
Ripple's rate is slowly falling to a level of $0.37. At any time there may be a sharp bounce of its quotes up.
Forecast for today:
Neutral position of the Ripple rate with a range: $0.53 - $0.37.
BCHUSD
The Bitcoin Cash rate continues its bearish rally. It stands out from the overall picture of the cryptocurrency trade. In our opinion, its fall is possible to the level of $150. Also, we do not exclude a sharp bounce in the price of Bitcoin Cash up.
Forecast for today:
Neutral position of the Bitcoin Cash rate with a range: $330 - $150.
LTCUSD
The rate of Litecoin holds the level of $30. We expect its price to bounce upwards to $40, or $47.
Forecast for today:
Neutral position of Litecoin rate with a range: $47 - $30.
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