Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.01.2024
I welcome my readers!
I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.
Elliott wave Bitcoin analysis
The BTCUSD market must have completed the linking wave X as a standard zigzag [A]-[B]-[C]. There has been forming a new bearish trend as an impulse (1)-(2)-(3)-(4)-(5), with the first wave (1) and correction (2) completed inside. The Bitcoin price should be declining in impulse (3) to a level below the low of 36501.00.
Trading plan for BTCUSD today:
Sell 40993.53, Take profit: 36501.00
Elliott wave Ripple analysis
The XRPUSD is… Read full author’s opinion and review in blog of #LiteFinance
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