Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.12.2020

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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.

All concurrency pairs covered in the article are forming new bullish waves, which are likely to be simple impulses.

Elliott wave Bitcoin analysis

In the most recent section of the BTCUSD chart, there is forming the bullish impulse [5], which is an element of the large impulse wave C. Within impulse [5], a deep corrective wave (4) must have completed as a simple zigzag a-b-c. Therefore, the market could be rising in… Read full author’s opinion and review in blog of #LiteForex