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 market should be forming the bullish zigzag-shaped wave over the next few days. The ETHUSD should be developing the bullish impulse.
Elliott wave Bitcoin analysis
The BTCUSD market must be forming corrective wave [B] as a double zigzag (W)-(X)-(Y). The descending linking wave (X) must have completed as a triple zigzag W-X-Y-X-Z. Therefore, there is unfolding the initial part of wave (Y). The price should soon reach level 34700.00, the… Read full author’s opinion and review in blog of #LiteForex