Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 22.04.2022

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.

The Bitcoin and Ethereum prices can be expected to grow and develop bullish impulse subwaves in the coming days.

Elliott Wave analysis for Bitcoin

A downtrend developing in the BTCUSD chart suggests a double zigzag [W]-[X]-[Y]. Once the bearish wave [W] was completed as a simple zigzag, the price started growing in the linking wave [X]. This wave will likely form as a simple zigzag (A)-(B)-(C), too. Impulse (A) and… Read full author’s opinion and review in blog of #LiteFinance