Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.12.2020

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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 Ripple market must have completed the corrective wave, so the price should start declining in the impulse wave.

Elliott wave Bitcoin analysis

The sideways corrective wave 4, which is a part of the bullish impulse (5), is likely to have finished. Correction 4 is a contracting horizontal triangle [a]-[b]-[c]-[d]-[e]. Therefore, the Bitcoin price should be rising in impulse wave 5. The market could be running up to a level of 29500.00…. Read full author’s opinion and review in blog of #LiteForex