VARZAR_INVESTMENT

Trend Analysis: BTC ETH XRP BCH LTC

Short
BITSTAMP:BTCUSD   Bitcoin
BTC/USD
Current situation:
The BTC/USD quotation is currently trading near the resistance level of 4050. If buyers manage to keep this level, the growth will continue to levels: 5000, 5700.
We remain on the side of sellers and expect a price reduction to the levels of 3500 and 3000.

Cancellation of the scenario - Bitcoin price increase above $4050.

Resistance levels: $4050; $4350; $4500; $5000; $5700; $6100; $6400
Support levels: $3500; $3000.

Forecast:
Continuing to reduce the price of BTC/USD to the area of $3000-$2000.

ETH/USD
Current situation:
We expect the breakthrough of $100 and departure to the zone of $90- $85.

Resistance levels: $114; $120; $130; $150; $185; $195; $220; $240.
Support levels: $110; $100; $90; $85.

Forecast:
Continued fall in the price of ETH/USD to the zone $90- $85.

XRP/USD
Current situation:
We expect the decline of Ripple's quotes to continue to levels: $0.30, $0.25. Also, we do not exclude a deeper immersion of XRP / USD quotes to $0.20- $0.15.

Resistance Levels: $0.38; $0.44; $0.50; $0.58; $0.70; $0.76.
Support levels: $0.30; $0.20; $0.15.

Forecast:
Reduction of the Ripple price to levels: $0.30, $0.25.

BCH/USD
Current situation:

Currently trading near $180. We expect Bitcoin Cash to continue to decline to levels: $150, $120 and $100.

Resistance Levels: $200; $220; $300; $350; $400; $425.
Support levels: $160; $150

Forecast:
Reduction of the price of BCH/USD to levels: $150, $120; $100

LTC/USD
Current situation:
Litecoin price corrected to the level of $30. We expect LTC/USD quotes in the range of $25- $20.

Resistance levels: $35; $40; $46; $49; $50; $54; $58
Support levels: $30; $27; $25

Forecast:
Lightcoin price reduction to $25.

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