Short-term forecast for BTCUSD, XRPUSD and ETHUSD 29.01.2021

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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.

Three major cryptocurrencies have finished the corrective waves, and so the price should start rising in impulse waves.

Elliott wave Bitcoin analysis

The market has finished the long-term corrective wave 4, which is an element of the bullish impulse of a larger degree. Wave 4 is a bearish triple zigzag [W]-[X]-[Y]-[X]-[Z]. Therefore, the price should be rising in the sub-wave 5 over the next few days. Therefore, one could enter buy trades…. Read full author’s opinion and review in blog of #LiteForex