Short-term forecast for BTCUSD, XRPUSD and ETHUSD 23.11.2020

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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.

The three cryptocurrency pairs are forming bullish double zigzags, with final legs forming inside. Let us explore the structure of each cryptocurrency chart in detail.

Elliott wave Bitcoin analysis

The current BTCUSD structure displays the linking upward wave [X] developing as a double combination composed of three sub-waves (W)-(X)-(Y). The two-hour timeframe displays the final leg in the last wave (Y), which is a simple zigzag A-B-C. After the triangle correction B… Read full author’s opinion and review in blog of #LiteForex