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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. Sub-waves 1-2-3-4 have completed within impulse (5). Sub-wave 5 is currently unfolding and could finish at a level of 66665.50, where impulse (5) will be 123.6% of wave (3).
Trading plan for BTCUSD today:
Buy 61921.10, Take profit: 66665.50
Elliott wave Ripple analysis
The XRPUSD market is rising. A bullish impulse must be forming. The... Read full author’s opinion and review in blog of #LiteFinance
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