I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.
Bitcoin and Ethereum must have completed impulse sub-waves, and the prices should be declining in corrective sub-waves.
Elliott wave Bitcoin analysis
The BTCUSD market is forming corrective wave [B] composed of sub-waves (A)-(B)-(C). There is developing the final sub-wave (C) as a simple impulse 1-2-3-4-5. The market must have completed the impulse sub-wave 3, so the price should be declining in corrective wave 4. Wave 4 could retrace wave 3 by 38.2%, so it should… Read full author’s opinion and review in blog of #LiteForex