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These past few days have seen a series of flip-flops on the news. First, the Korean government's news banning the cryptocurrency trade that led to a sharp drop in prices. Then there was the refutation that there would be no ban in the near future.

The latest news from South Korea is that they have not yet given up on the plan to stop cryptocurrency trading. Markets reacted with a selloff in all virtual currencies.

The second news was that Ripple was associated with MoneyGram for money transfers.

This shows that traders should not buy or sell impulsively news. It is always best to wait for a trend to form and then buy it. Is the current autumn a buying opportunity or is there more to go? Let's find out.

BTC / USD

For the past four days, bulls have been trying to maintain critical support of $ 12,600 to $ 12,900 for Bitcoin and push prices back into the symmetrical triangle.

<img alt=" BTC / USD "src =" https://cointelegraph.com/storage/uploads/view/0bff6fc996f585855749a0b034cb0edc.png "title =" BTC / USD "/>

However

Today, when the cryptocurrency fell below $ 12,500, it attracted huge sales, which resulted in a sharp drop to $ 11,000 near the next We believe the bulls will try to return to their current levels, but the rebound will not be sustained and the BTC / USD will break the $ 10,704.99 level and drop to $ 8,000.

The 20-day EMA and the 50-day SMA finished a bearish cross, which is a negative development.

Our bearish view will be invalidated if the price rises above the $ 15,000 levels

ETH / USD

In our previous two analyzes, we said that Etherheum would find it difficult to Break the air resistance area of ​​$ 1382 and $ 1434 and that's what happened. The cryptocurrency returned from a high of $ 1424.3 on January 13th.

<img alt=" ETH / USD "src =" https://cointelegraph.com/storage/uploads/view/4a1663b54e0564bb090db23b088817be.png "title =" ETH / USD "/>

After having maintained above the $ 1250 levels for three days, the bears fell below the support, which attracted profit-taking 61.8% of the Fibonacci retracement levels of the recent rally

We also find a negative divergence on the RSI, which is a bearish development.

If the support zone between the trend line and $ 940 holds, we can expect an attempt to decline, which will likely result in a fork trading in the coming days.

Our view of a trading range in the ETH / USD pair will be invalidated if the price breaks below the trend bullish

BCH / USD

After negotiation in the range of $ 2072 to $ 295 0 for the past few days, Bitcoin Cash has fallen below support.

<img alt=" BCH / USD "src =" https://cointelegraph.com/storage/uploads/view/c8930b4ce5b8fe06467d15f0574cba97.png "title =" BCH / USD "/>

The A pair of BCH / USD following the split is $ 1,194, but we expect the bulls to attempt to maintain levels of $ 1,733, the lowest intraday on December 22.

Our bearish view will be invalidated if bulls manage to push prices back into the range, above $ 2072.68.

XRP / USD

We had forecast a possibility of falling to $ 1.40 in Ripple on January 6 Today, cryptocurrency reaches a low of $ 1.17

<img alt=" XRP / USD "src =" https://cointelegraph.com/storage/uploads/view/ 4d22f47398be5ce1afeeb2268fe9ec8e.png "title =" XRP / USD "/>

The correction broke below the Fibonacci retracement levels of 61.8 percent, which a weakness.

Cryptocurrency is currently trading inside a descending channel.

Although the XRP / USD pair has plunged about 65% since its peaks, we will only buy it after confirmation of a background training.

IOTA / USD

There is a dispute between bulls and bears at critical support of $ 3.03 at IOTA: while the bears broke under the supports bulls are trying to fall back.

<img alt=" IOT / USD "src =" https://cointelegraph.com/storage/uploads/view/e8b316c1f19cf2e8c23de2fb56088559.png "title =" IOT / USD "/>

over the range, we also found a bearish bearish triangle on the IOTA / USD pair, which will end if the declines manage to hold below $ 3.03. Such a breakout should lead to a decline to 1.10 lows. On the other hand, if the bulls hold the support, the virtual currency should continue trading at the fork.

LTC / USD

]

Today, Litecoin fell below the symmetrical triangle and the 50-day SMA, which is a negative development.

<img alt=" LTC / USD "src =" https: //cointelegraph.com/storage/uploads/view/431ae22455b244c7e22257b3deb82e59.png "title =" LTC / USD "/>

The Hebrew to attempt to maintain critical support of $ 175.19. If successful, a return to $ 230 is likely

On the other hand, if price decreases are less than $ 175.19, a move towards $ 100 is likely.

Due to uncertainty, we do not recommend

XEM / USD

In our previous analysis, we suggested a long position in the NMS: the January 13th decline did not reach our target levels and our stop loss was triggered today, when the bears broke below the uptrend line.

<img alt=" XEM / USD "src =" https://cointelegraph.com/storage/uploads/view/e7e59af7983c fca152947d18691c7c62.png "title =" XEM / USD "/>

The bulls are trying to contain the 50-day SMA, which is close to the 61.8% Fibonacci retracement of the rally.

If successful, we can see a dip towards the trend line, if not a fall at $ 0.59 is possible

We can not find any configuration on the pair XEM / USD, so we do not recommend any exchange

ADA / BTC

We carry long positions in Cardano of 0.00005733 levels.While the price reached our first goal of $ 0.00006616, it could not reach the second target target of $ 0.00007221 because it was raised to 0.00006915. So what should we do now?

<img alt=" ADA / BTC "src =" https://cointelegraph.com/storage/uploads/v iew / 8dd5f603fd953c709718b978b3afce8e.png "title =" ADA / BTC "/>

Currently, the ADA / BTC pair holds the support of the critical trend line, which means that for traders who do not have the support of the critical line of have not sold the rally on January 13, we recommend closing the position at current levels. ]

We do not want to have a long position when the general sentiment is strongly bearish, because a break in the trend line can prolong the fall to 0.00004.

A break in the downtrend line will be the first indication that the fall is over

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