Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.01.2021

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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 should have finished the down wave (W), and there is forming the upward wave (X).

Elliott wave Bitcoin analysis

The most recent price chart section displays the upward impulse wave (5), which is composed of five waves 1-2-3-4-5. There is forming the bullish impulse wave 5, consisting of the sub-waves [1]-[2]-[3]-[4]-[5]; it is a five-wave impulse. The first four legs of this impulse have completed, so the price should be rising… Read full author’s opinion and review in blog of #LiteForex