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.
The BTCUSD and the XRPUSD must have finished corrective sub-waves and should be declining in bearish impulses.
Elliott wave Bitcoin analysis
After the upward corrective wave [B] completed as a double zigzag (W)-(X)-(Y), the BTCUSD market has been decking in the new bearish wave. There should be unfolding the initial part of a bear impulse. The bullish correction (2) seems to have completed as a zigzag. The Bitcoin price should be declining… Read full author’s opinion and review in blog of #LiteForex