BTC/USD Current situation: BTC/USD quotes went below $4500. The impulse continues, we expect Bitcoin price correction from current values and with the goal in the $5700- $6000 zone. Also, we do not exclude the continuation of the decline in the asset without correction to the levels: $4000, $3000.
Cancellation of the scenario may be caused by Bitcoin price increase above $6100.
Forecast: Reduction of the price of BTC/USD to the zone of $4000- $3000, after correction up to the zone of $5700- $6000.
ETH/USD Current situation: Ethereum price is near the level $130. We expect a correction in the price of the asset up to the zone of $185- $195. After the completion of the correction, we predict a further decline in the price of ETH/USD to levels: 110, 100. Also, we do not exclude the possibility of continuing to decrease the quotation of Ethereum without upward correction.
Forecast: Ripple price reduction to the level of $0,30.
BCH/USD Current situation: We expect a correction of BCH/USD to the zone $400-$420, where the resistance line of the downward channel is located. After the end of the correction, we expect a further reduction in the price of Bitcoin Cash to the level of $200.
Forecast: BCH/USD price reduction to $200, after correction up to $400- $420 zone.
LTC/USD Current situation: The price of Litecoin almost reached our target near level 30. We expect a correction of the asset up to the zone 42-46. After the end of the correction, we expect a continuation of the decline in the price of Litecoin to level 30.