Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.02.2021

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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.

Ethereum and Bitcoin are forming corrective sub-waves. Bitcoin is developing a triple zigzag, and Ethereum is forming a skewed triangle.

Elliott wave Bitcoin analysis

The BTCUSD market is forming corrective wave 4 as a bearish triple zigzag. The second linking upwave [X] must have completed. The market is now declining in the final motive wave [Z] that is unfolding as a simple zigzag (a)-(b)-(c). There must have finished the bearish impulse (a)… Read full author’s opinion and review in blog of #LiteForex