Topic: Market Analysis

[MelissaLiberson]

BCH/USD surprisingly was down as well much like all other Cryptos aside from BTC. But it is very much obvious that it is not going to stay down for too long, so right now, it is good time to go for buy but must be done with risk management.

[MelissaLiberson]

BTC as we see is in a wild mode, as we see things picking up dramatically and then dropping equally fast. However, we are again at watching it grow, it all is highly likely to continue in same range and manner, so it will be a good time for us to go for short trades.

[MelissaLiberson]

ETH saw giant growth in past few weeks and saw equally big drop in past few days, it’s all moving very fast, so it will be interesting to see how it all develops ahead. Overall, it will be a good opportunity to go for long.

[MelissaLiberson]

LTC much like most other cryptos gained tremendously and is all very much likely to be seen moving same direction ahead too, it will be very interesting to see where it moves ahead. However, overall it will be towards the higher side.

[MelissaLiberson]

BCH is amongst the slowest movers in past few weeks, but is sturdily moving ahead in the charts, it can be considered as a good opportunity to join in now, but should be done with very careful approach to avoid any hurdles.

[MelissaLiberson]

BTC/USD is very much sitting on the fence as of now, since if it crosses the 20k mark, it will quickly move towards the 25k mark, while a drop may push it down again towards the 15k mark. So currently, it is a very much hit and miss scenario to see.

[MelissaLiberson]

ETH/USD is running well and could target 700 mark, but whether it can cross that number is going to be very hard to predict right now, it will be very much wait and watch scenario for all to see.

[MelissaLiberson]

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.

[MelissaLiberson]

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.

[MelissaLiberson]

BTC/USD has gained quick hype since the corona epidemic broke out therefore it crossed 35000+. But recently it started losing its strength and getting downtrend and approaching 31000. If it dips inside 30000 then it will go long term downtrend for sure. It is time to be careful and watchful before making any move.