Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.05.2021

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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.

Cryptocurrency pairs continue rising in impulse sub-waves. Let us study the situation for each cryptocurrency in more detail.

Elliott wave Bitcoin analysis

In early April, the BTCUSD market has finished forming the bullish impulse (A). There is likely to be forming the initial part of a large bearish zigzag, the first sub-wave, unfolding as an impulse 1-2-3-4-5. There has completed wave 1 as a bearish five-wave impulse. Corrective wave 2 is currently… Read full author’s opinion and review in blog of #LiteForex