Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.02.2022

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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.

All three cryptocurrency pairs covered in the article must have concluded bullish linking waves, and bearish trends have started developing. Therefore, the cryptocurrency prices should be falling.

Elliott wave Bitcoin analysis

The BTCUSD market has completed the bullish linking wave X as a double zigzag [W]-[X]-[Y], composed of two bullish zigzags connected with the linking wave [X]. Waves [W] and [Y] are zigzags composed of sub-waves (A)-(B)-(C). The impulse wave (C) has… Read full author’s opinion and review in blog of #LiteForex