Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.01.2021

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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.

The BTCUSD market must be unfolding a corrective wave as a triangle.

Elliott wave Bitcoin analysis

The BTCUSD market continues forming the upward impulse wave [5], namely its final leg. Corrective wave 4 could still be developing in impulse (5). Wave 4 must be unfolding as a contracting horizontal triangle [a]-[b]-[c]-[d]-[e]. The final wave of the triangle, wave [e], should end soon. Next, the market will continue rising in wave 5 to… Read full author’s opinion and review in blog of #LiteForex