Short-term forecast for BTCUSD, XRPUSD and ETHUSD 22.02.2022

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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 cryptocurrency pairs continue to decline. New levels to which a drop is expected have been identified.

Elliott wave Bitcoin analysis

The BTCUSD market is developing a corrective trend in the shape of a double zigzag W-X-Y. As part of this pattern, sub-waves W and X are fully completed. Most likely, the initial part of the final actionary wave Y is under development now. Perhaps, a bearish impulse (1)-(2)-(3)-(4)-(5) is now being formed…. Read full author’s opinion and review in blog of #LiteFinance