Market update

BTC

is still consolidating its recent gains and I expect it to stay within the range between$7900 and $8500 for the next 48 hours. Unless of course, something unexpected happens.

The downside trigger level is @ $7893 which opens up a continuation to $7350

https://www.mql5.com/en/charts/7948303/btcusd-h4-simplefx-ltd

BCH

as an inverse proxy of BTC has a huge upside potential if BTC begins to decline. Three consecutive 4H candles closed above $1712 imply continuation to a minimum of $3070. Otherwise, if BTC stays within above range I expect BCH to also stay within range between $1460 and $1710

https://www.mql5.com/en/charts/7948330/bchusd-h4-simplefx-ltd

ETH

Had a quick stop at my previous targets and is heading to a minimum of $500.

https://www.mql5.com/en/charts/7948353/ethusd-d1-simplefx-ltd

ETC

Etherium Classic managed to get rid of extremely wide trigger levels and now has a lot more certainty. If it closes today above $17.6 it should continue to a minimum of $22.7 providing holders/investors with one of the best rates of return.

https://www.mql5.com/en/charts/7948394/etcusd-d1-simplefx-ltd

LTC

Today's close above $72 opens up a possibility to take out $100 level.

https://www.mql5.com/en/charts/7948425/ltcusd-d1-simplefx-ltd

XRP

is in a dubious state of being below the down and up trigger lines at the same time @ $0.24 and $0.21 respectively making the up and downside targets equally possible.

https://www.mql5.com/en/charts/7948471/xrpusd-d1-simplefx-ltd

DASH

is close to its targets.

https://www.mql5.com/en/charts/7948595/dshusd-d1-fxopen-investments-inc