Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.02.2021

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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.

The Ripple price is declining in corrective wave 2; Bitcoin and Ethereum are forming the initial parts of the fifth sub-waves.

Elliott wave Bitcoin analysis

The BTCUSD market is forming the upward five-wave impulse, with the bearish corrective wave 4 completed inside. Wave 4 is a bearish triple zigzag [W]-[X]-[Y]-[X]-[Z]. Next, the market turned up and started rising in the initial leg of the fifth impulse wave. The sub-waves [1] and [2]… Read full author’s opinion and review in blog of #LiteForex