Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.02.2021

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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.

Ethereum and Bitcoin have completed forming corrective waves, and the price should start rising in impulse waves.

Elliott wave Bitcoin analysis

The deep corrective wave 4 seems to have completed in the large upward impulse. Wave 4 is a bearish triple zigzag [W]-[X]-[Y]-[X]-[Z]. The final motive wave [Z] is simple zigzag (a)-(b)-(c). There is unfolding the initial part of the upward impulse wave 5. There have completed the sub-waves [1]-[2]. Therefore, the… Read full author’s opinion and review in blog of #LiteForex