Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.11.2020

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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 major cryptocurrency pairs must have completed the uptrends. There are forming new downtrends.

Elliott wave Bitcoin analysis

As the price started falling sharply, the previous layout is not relevant. The impulse wave C must have ended, and the beginning of the new downtrend is currently unfolding. There is forming the down impulse wave A. Therefore, the market should run down in wave A to a level below 14999. On could… Read full author’s opinion and review in blog of #LiteForex