Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.01.2021

BY admin admin

I welcome my readers!

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.

The BTCUSD market must be unfolding a corrective wave as a triangle.

Elliott wave Bitcoin analysis

The BTCUSD market continues forming the upward impulse wave [5], namely its final leg. Corrective wave 4 could still be developing in impulse (5). Wave 4 must be unfolding as a contracting horizontal triangle [a]-[b]-[c]-[d]-[e]. The final wave of the triangle, wave [e], should end soon. Next, the market will continue rising in wave 5 to… Read full author’s opinion and review in blog of #LiteForex

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

TRY/JPY 4H Chart: Two Scenarios Likely

<p>Since the end of November, the TRY/JPY exchange rate has been trading upwards within a rising wedge pattern. From a theoretical perspective, it is likely that the currency pair could breach t

Forex

EUR/USD Analysis: Reversed South

<p>On Wednesday, the EUR/USD currency pair tested the Fibo 50.00% at 1.1454. During today’s morning, the pair resumed to trade within the short-term ascending channel. From a theoretical p

Forex

Bitcoin’s Control Over the Crypto Market Dropped, Ethereum’s Share Doubled in 2021

<p>The gains from the rising price of bitcoin go to a disproportionately small group of investors, according to a new NBER study. Bitcoin’s lot in the cryptocurrency market fell sharply fr

Copyright © 2024 | WordPress Theme: Xews Lite