BTC/USD
Bitcoin fell to $8,066.sixty one stages on March 15. The bulls are trying to protect the $eight,000 tiers and pullback towards the $nine,500 ranges.
The BTC/USD pair remains in a downtrend as costs are buying and selling within the descending channel and beneath both transferring averages. The 20-day EMA has damaged beneath the 50-day SMA, that's some other bearish circulate.
If prices fail to sustain above the overhead resistance zone of $nine,500 to $10,000, the cryptocurrency can fall to $7,850 and after that to the February 06 lows of $6,half.04.
Our bearish view might be invalidated if the bulls manipulate to sustain above the $10,000 levels.
ETH/USD
Ethereum extended its downtrend as it fell to $568.29 on March 15, near the February 06 lows of $565.54.
We assume the bulls to strive a soar from these tiers. The pullback will face selling strain on the 20-day EMA and the resistance line of the descending channel.
If the bounce fails to advantage energy, the next down leg inside the ETH/USD pair will spoil under the $565.fifty four help and circulate decrease to $500 and then to $430 tiers.
aggressive traders can purchase a very small function, approximately 30 percent of the standard role size at $630, if the extent sustains for approximately four hours. The prevent loss can be kept at $560. If the fee fails to break out of $700, positions can be closed, else please trail the stops higher.
BCH/USD
Bitcoin Cash fell to $910.6798 levels on March 15. Currently, the bulls are attempting a pullback from the supports.
The downtrend line should act as the first level of resistance. Above this, the 20-day EMA and $1,150 will act as resistance. If the cryptocurrency turns down from these levels and breaks below $900, it can slide to $778.2021.
The BCH/USD pair will become positive in the short term once the price sustains above $1,150.
XRP/USD
Ripple observed aid on the $zero.62681 tiers on March 15. We trust that the support area among $0.695 and $zero.5627 will keep.
The bulls are trying to tug lower back above the March 15 high of $zero.72685. as soon as this level is crossed, a pass to the 20-day EMA is possible wherein the cryptocurrency will face robust promoting pressure.
at some point of the subsequent decline, if the XRP/USD pair does no longer damage below $0.695, we are able to expect it to trade in a large range. We may try to exchange this, however as we don’t see any purchase setup, for this reason, we don’t suggest any trade on it in the intervening time.
LTC/USD
Litecoin is trying to pull again toward $186.823 ranges, in which we count on another bout of selling with the aid of the bears.
both moving averages, the downtrend line and the horizontal line, all converge around $187 stages making it important resistance. If charges turn down from the resistance and damage underneath $157.236, it would fall to $141.
The LTC/USD pair will imply electricity if it may sustain above $187 tiers for an afternoon.