Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.01.2021

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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 three cryptocurrency pairs covered in the article are forming the initial elements of the fifth sub-waves.

Elliott wave Bitcoin analysis

The BTCUSD market is forming an upward impulse with corrective wave 4 completed inside. Correction 4 has ended as a bearish double zigzag [W]-[X]-[Y]. Next, the price turned up and started rising in the bullish wave 5. The first short sub-waves of impulse 5 must have completed. Therefore, the market should… Read full author’s opinion and review in blog of #LiteForex

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