Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.01.2021

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

All three cryptocurrency pairs are forming the final, fifth waves of the bullish trends.

Elliott wave Bitcoin analysis

The hourly BTCUSD chart displays the structure of the impulse wave 1-2-3-4-5. The market must have completed the sideways corrective wave 4 as a flat [a]-[b]-[c], where the sub-waves [a] and [b] are zigzags, and the sub-wave [c] is an impulse. Therefore, the bitcoin price should be rising in wave 5 to a level… Read full author’s opinion and review in blog of #LiteForex