Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.01.2021

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I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

Ripple and Ethereum are forming down impulses. Bitcoin price is rising in the bullish impulse.

Elliott wave Bitcoin analysis

There is forming the upward impulse wave (5). The first four legs of wave (5) have completed. The sub-waves 1 and 3 are impulses, corrective sub-waves 2 and 4 are zigzags. There is forming wave 5 that is a bullish five-wave impulse. Wave [3] of 5 could end at a level of around… Read full author’s opinion and review in blog of #LiteForex