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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.
Elliott wave Bitcoin analysis
The BTCUSD market is forming a flat A-B-C. Waves A-B have completed. The final wave C is developing as a bearish impulse, with sub-waves [1]-[2]-[3] completed and correction [4] developing inside. The price could go up to a level of 66723.00, where wave [4] will be 61.8% of wave [3]. Next, the Bitcoin price will resume falling sub-wave [5] to a support level, as outlined in the chart.
Trading plan for BTCUSD today:
Buy 62027.21, Take... Read full author’s opinion and review in blog of #LiteFinance
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