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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.
The BTCUSD and ETHUSD are forming the third legs of the down impulse sub-waves. The XRPUSD is forming the final sub-wave of the bearish impulse.
Elliott wave Bitcoin analysis
The BTCUSD is developing the simple bearish zigzag [A]-[B]-[C]. There is developing the down impulse wave [C] composed of five sub-waves (1)-(2)-(3)-(4)-(5). Sub-waves (1) and (2) have completed, and wave (3) is developing as an impulse 1-2-3-4-5. This impulse should end at… Read full author’s opinion and review in blog of #LiteFinance