Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.01.2021

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I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

Bitcoin and Ethereum are rising in the impulse waves; Ripple is forming a bearish ending diagonal.

Elliott wave Bitcoin analysis

The BTCUSD market is forming the bullish impulse wave (5), with four legs out of five completed inside. There is now developing the final motive wave 5 as an upward five-wave impulse. Wave [3] should soon end at a level of around 38600.00. Next, following a short decline in the corrective wave… Read full author’s opinion and review in blog of #LiteForex