BCH/USD pushing the 1000 USD mark, so need to be very wise carefully. But may dip equally fast, so got to be making trade only if we are fully sure regarding the possible outcome of it.
Topic: Market Forecast (Read 1390 times)
BCH/USD pushing the 1000 USD mark, so need to be very wise carefully. But may dip equally fast, so got to be making trade only if we are fully sure regarding the possible outcome of it.
LTC/USD gained rapidly with sights on the 300 levels now. However, there needs to be more push. It means right now, there is no decision possible to make, so that means better to wait and watch before going into for trade.
Ethereum got to the ATH point and should go further with it as well. It may be reach even higher in days to follow, but may end negative. Its a very mixed scenario, so got to watch is very carefully.
BTC/USD is very much mixed, so its hard to be sure of the direction it may move towards. So its vital to go for slow and steady approach and wait for better buying entry.
XLM/USD is on the short downtrend based on daily data over the few months. Though it got a quick uptrend several times in the last few months but it could not continue and start coming back to support level 0.40. This is the time to watch or short sale for sure.
BSV/USD was enjoying a side wise trend over the period of time but it lost its position and getting log downtrend. It is trying to reverse the price from 200 and if it can cross the next resistance around 250 it will be a long term uptrend. But at this time you can take an entry if you have a fresh fund.
BCH/USD is in a really confusing position right now. It just lost a huge value in just one days. This is not a good sign for sure. Even it crossed string support at 652. If it could not retain this position or it came back to 450 then there will be a huge price lost for sure.
EOS/USD is showing uncertainty at this moment. It basically came back from its support level at 3.9500. It made it’s historical high at 5.6222 but could not retain it anymore. It will be a wise decision to stay put and watch the price action carefully.
USD/JPY is now in a mid uptrend position based on the daily chart. Its uptrend started from 102.60 and continues to 106.20. In this uptrend it created a few support levels at different points and is still trying to keep the peace. It’s time to buy and hopping a profit around 1.7.
ETC/USD is in a tight position. Though it gained a quick up in few months ago and then it lost a huge price position in just a few days. It is time to watch it more carefully for a few days at least. I believe there is a big chance to come down to around 12.00.
ETH/USD is acting like BTC/USD on the trend. It also lost price quickly but is trying to reverse. But this is at a critical situation because it could not cross the last and ever high price level this time. So, better to be careful before making any new trades.
BTC/USD has gained quick hype since the corona epidemic broke out therefore it crossed 5800+. But recently it started losing its strength and getting a quick price loss and approaching 48000. If it crosses 42000 then it will go long term downtrend for sure. It is time to be careful and watchful before making any move.
BCH/USD is moving towards 500 level again but with overall market hinting towards bearish trend again, so we should just wait and analysis the market to see how it goes before we go into making any trade as of the present moment.
LTC/USD is running around 140-150 levels, but may soon shift gears. However, the trend may go towards bearish but still there is nothing that can be said for sure, so it will be wait and watch at the present times.
ETH/USD is in steady position at around 1.2k levels, it may target 1.5k soon, but overall trend do push for drop, it will be a good time to go for buy but we must look at things carefully and don’t over do it to avoid losses.
BTC/USD as we see is moving wildly between the range of 32k to 41k, it is highly likely that we will continue to witness same range. And the moment we see break pass it, we will witness a gigantic drop or pickup, it will be wait and watch scenario.
BCH/USD is amongst the slowest movers in past few weeks. However, the overall trend is still very much bullish for it, so it will be good time to go for buying but it must be done if we are fully convinced instead of doing it with uncertainty.
LTC/USD is moving rapidly, as it nears 100 level, I will be a major achievement, and once it crosses this make, it is highly likely to go for a very wild ride, it will be a good time to go for buy on the dip.
ETH/USD is running towards high levels, and may cross 700 mark before the year ends. It will be a good time to buy in with any noticeable dip, but it must be done carefully with using of right risk and management to be able to gain through.
BTC/USD was wild as expected, with very much in the touching distance from the all-time high. It is highly likely that we will see that happening, and it is very much likely to take things very very far. So right now, it is very much to buy on dips.
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