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I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.
All three cryptocurrency pairs covered in the article should be moving in descending impulses.
Elliott wave Bitcoin analysis
The BTCUSD market continues forming the down correction (B) as a double zigzag W-X-Y. The final motive wave Y is unfolding as a standard zigzag [A]-[B]-[C], with impulse [A] and correction [B] completed inside. The final motive wave is currently unfolding as a simple five-wave impulse (1)-(2)-(3)-(4)-(5). The Bitcoin price should be falling… Read full author’s opinion and review in blog of #LiteFinance