Trading plan: BTC ETH XRP BCH LTC
BTCUSD
The liquidity of the cryptocurrency market has declined significantly: wide spreads, low volatility, trading volumes have fallen. In such non-market conditions, anything is possible: abrupt movements of the Bitcoin rate in any direction, a significant difference in quotations between crypto exchange. All these facts alarm experienced traders and make them nervous, because stop orders in such a chaos may not work. It’s with such thoughts that we still expect Bitcoin to continue to grow to $6800, and even to $7200.
Forecast for today:
The growth of the Bitcoin rate from $6500 to $6880.
ETHUSD
In spite of the low liquidity of the entire crypto market, the rate of Ethereum continues to grow smoothly. We believe that the turning point will come soon - a very rapid surge in the growth of the price of Ethereum. Naturally, in such a chaos, some tricks are possible: first, a sharp movement down to $200, and then even faster than the exit of the price of Ethereum upward, to $240, and later to $260 - $270.
Forecast for today:
The growth of Ethereum rate from $220 to $270.
XRPUSD
Ripple's price is smoothly adjusted to our support level - $0.43. If nothing catastrophic happens, then a sharp rise in Ripple’s rate towards our goal is likely.
Forecast for today:
The growth of Ripple rate from $0.43 to $0.80.
BCHUSD
The Bitcoin Cash rate rose slightly in value. Now it is difficult to say with certainty that there will be no more price reduction. Perhaps, at first there will be a breakthrough of our support level of $503, and after that - a rapid increase in the price of Bitcoin Cash to our goal.
Forecast for today:
The growth of Bitcoin Cash rate is from $503 to $580.
LTCUSD
Litecoin price continues to narrow in the Triangle. Taking into account the initiative of buyers, we predict the growth of the Litecoin rate to our goal.
Forecast for today:
The growth of Litecoin rate from $55 to $66.
The liquidity of the cryptocurrency market has declined significantly: wide spreads, low volatility, trading volumes have fallen. In such non-market conditions, anything is possible: abrupt movements of the Bitcoin rate in any direction, a significant difference in quotations between crypto exchange. All these facts alarm experienced traders and make them nervous, because stop orders in such a chaos may not work. It’s with such thoughts that we still expect Bitcoin to continue to grow to $6800, and even to $7200.
Forecast for today:
The growth of the Bitcoin rate from $6500 to $6880.
ETHUSD
In spite of the low liquidity of the entire crypto market, the rate of Ethereum continues to grow smoothly. We believe that the turning point will come soon - a very rapid surge in the growth of the price of Ethereum. Naturally, in such a chaos, some tricks are possible: first, a sharp movement down to $200, and then even faster than the exit of the price of Ethereum upward, to $240, and later to $260 - $270.
Forecast for today:
The growth of Ethereum rate from $220 to $270.
XRPUSD
Ripple's price is smoothly adjusted to our support level - $0.43. If nothing catastrophic happens, then a sharp rise in Ripple’s rate towards our goal is likely.
Forecast for today:
The growth of Ripple rate from $0.43 to $0.80.
BCHUSD
The Bitcoin Cash rate rose slightly in value. Now it is difficult to say with certainty that there will be no more price reduction. Perhaps, at first there will be a breakthrough of our support level of $503, and after that - a rapid increase in the price of Bitcoin Cash to our goal.
Forecast for today:
The growth of Bitcoin Cash rate is from $503 to $580.
LTCUSD
Litecoin price continues to narrow in the Triangle. Taking into account the initiative of buyers, we predict the growth of the Litecoin rate to our goal.
Forecast for today:
The growth of Litecoin rate from $55 to $66.
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