Medium-term forecast for five cryptocurrencies as of 07.12.2020

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I have prepared a medium-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ethereum, Litecoin, EOS, and Ripple. I offer trading signals for each cryptocurrency pair.

This week, the cryptocurrencies should be rising in the final legs of bullish impulses.

Elliott wave Bitcoin analysis

The BTCUSD market is forming corrective wave 4 as a double zigzag [W]-[X]-[Y]. There is forming the linking wave [X] as a double combination of zigzags, where waves (W) and (Y) are standard zigzag-shaped waves, and the linking wave (X) is a bearish double zigzag. Wave (Y) has not yet completed. Let… Read full author’s opinion and review in blog of #LiteForex