Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 21.02.2022

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Also, I've provided trading recommendations and entry points for each cryptocurrency pair.

All crypto-pairs will likely have an impulse fall this trading week.

Elliott Wave analysis for Bitcoin

Bitcoin is supposed to follow a corrective trend developing as a double zigzag. Sub-waves W-X have fully formed. The final part of the ultimate actionary wave Y is currently developing. A bearish impulse (1)-(2)-(3)-(4)-(5) might be unfolding at the moment. A leading diagonal (1) and a zigzag-shaped correction (2) have already been completed. The… Read full author’s opinion and review in blog of #LiteFinance