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Market data is provided by the HitBTC Exchange. 19459007 19459008 After a sharp decline, aggressive bulls jump and buy at lower levels. This strategy has resulted in huge gains for cryptocurrency traders in 2017. However, unlike previous opportunities, we have not seen a sharp increase this time around. This shows that traders are not convinced of a huge rebound in current prices

In the coming days, we expect action related to the range in most crypto-currencies.

BTC / USD

We were expecting a decline in levels of $ 10,704.99. But Bitcoin surpassed the drops and dropped to $ 9,300.

<img alt=" BTC "src =" https://cointelegraph.com/storage/uploads/view/913ca0c922aca6af12bf7ea8db650771.png "title =" BTC "/>

Currently, bulls are trying an inversion, which is likely to bring cryptocurrency to the neck of the head and shoulders, to levels of $ 13,202.

We expect another series of sales level, which should bring back the BTC / USD pair to the support zone from $ 10,704.99 to $ 9,300 .If this support zone breaks, a fall below $ 8,000 is likely

On the other hand, if the bulls succeed in holding the support zone, this will lead to a new uptrend, agile traders may play up, but others should wait for more clarity to develop.

ETH / USD

We expected the support zone between the trend line and $ 940 to be On January 17, Ethereum broke under the trend line and dropped to a low of $ 770.

<img alt=" ETH "src =" https://cointelegraph.com/storage/uploads/view/f03ab8cc281f34ef61dfb3259f068b9e.png "title =" eth "/>

The bulls bought the aggressive dip, which resulted in a pullback that brought cryptocurrency to Fibonacci retracement levels by 50 percent from the recent drop of 1424 to $ 770.

For three days, the ETH / USD pair has struggling to cross If the price exceeds the levels of $ 1100, we expect to move to levels of $ 1174.36 and $ 1284.28 As the stop loss is $ 930, which does not offer a good risk / reward ratio reward, we do not suggest any exchange

BCH / USD

We expected the levels of $ 1733 to be maintained, but stock prices easily crossed the threshold and Bitcoin Cash is fell to $ 1364.96 on January 18.

<img alt=" bch "src =" https: // cointelegraph .com / storage / uploads / view / 8493963b465bb61d74a93e625f3542c0.png "title =" bch "/>

The current increase is expected to face resistance at $ 2072 levels, which was the support of the fork previously. We will get a confirmation of a background during the next downturn. If $ 1364.96 breaks, a drop to $ 1194 is likely

Our bearish outlook will be invalidated if the BCH / USD pair maintains above $ 2072 a day.

XRP / USD

We had predicted a 61.8% drop in Fibonacci retracement levels from the last rally, however, Ripple fell near retracement levels of 78.6% , which coincided with the lower end of the descending channel.

<img alt=" XPR "src =" https://cointelegraph.com/storage/uploads/view/20841daa48b1ff96e802b78041048621.png "title =" XPR "/>

The cryptocurrency broke out of the downward channel, suggesting that the downtrend However, the current rise is facing a 20-day EMA resistance, above which a move to $ 2.20 is likely. For this price, the XRP / USD pair will face the resistance of the trend line that had previously served as a solid support.

However, if the cryptocurrency fails to exceed the EMA by 20 days, the ears will try to resume the bearish trend Support stands at $ 0.87

We expect a few days of tied trading.

IOTA / USD

IOTA fell broke out of the bearish descending triangle pattern on January 16th, giving it a pattern of 1.10 $.

<img alt=" IOTA "src =" https://cointelegraph.com/storage/uploads/view/7794cc668886275a9504bc6077b057ea.png "title =" IOTA "/>

However, the Cryptocurrency took over at levels of $ 1.93 on Jan. 17.

Currently, the IOTA / USD pair is retesting break levels of $ 3,032. If the bulls break overhead resistance and the downtrend line, our bearish view will be invalidated.

However, if bears defend it It is likely that we will see another episode of sale, which will retest the lows.

We do not find a clear model, so we do not recommend any trade.

LTC / USD

We had predicted a likely drop to $ 100 if Litecoin broke below $ 175.19, rising from a low of $ 140 on January 17th. 9459008]

<img alt=" LTC "src =" https://cointelegraph.com/storage/uploads/view/33299171cf9c514d738eb3f0b3fdf801.png "title =" LTC "/>

Two days in a row, The January 16 and January 17, the declines were less than $ 175.19, but failed to contain prices.

If the bulls release $ 205, a move toward $ 225 is probable, where the two moving averages converge.This level is likely to act as a resistance.

We can not find any reasonable trades on the LTC / USD pair

XEM / USD

NEM fell near retracement levels of 78.6% on 16 and 17. Subsequently, bulls began a retreat, which is expected to face strong resistance to the downtrend line. .

<img alt=" XEM "src =" https://cointelegraph.com/storage/uploads/view/7081349203b8ada870012c3f7491c7c1.png "title = "XEM" />

If the price moves above the downtrend line, an increase to $ 1.45 can not be ruled out.

The next fall to the recent lows of $ 0.55134 will confirm whether the bottom is in place or if there is still some way to go

Until then, we will stay away on the pair XEM / USD

ADA / BTC

Cardano broke below trendline support on Jan. 16 and Jan. 17, however, the bulls defended the support and pushed the prices faster. 19459009 ADA / BTC yesterday broke the downtrend line However, on January 18, it was unable to gain momentum, struggling to rally above 0.00006 Once the breaking of the bulls of 0.00006 , a move to 0.00007 and then to the levels of 0.00008 is likely

The cryptocurrency pair will become negative below 0.00004730.

The the diagrams for Analysis is provided by TradingView