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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 wave [C] as an impulse (1)-(2)-(3)-(4)-(5), with the final wave (5) unfolding inside. Three out of five sub-waves have completed within impulse (5). A complex correction 4 must have completed as a triple zigzag [W]-[X]-[Y]. Impulse 5 should be unfolding now, driving the price up to a level of 61161.12, where wave (5) will be equal to wave (3).
Trading plan for BTCUSD today:
Buy... Read full author’s opinion and review in blog of #LiteFinance
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