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.
The Ethereum price could rise higher than earlier expected. Let us study the market situation in more detail.
Elliott wave Bitcoin analysis
Since November 10, the market has been declining in the new bearish trend. There could be unfolding a simple zigzag composed of three sub-waves (A)-(B)-(C). So far, the first sub-wave (A) has completed as an impulse 1-2-3-4-5. The upward corrective wave (B) is unfolding as a double zigzag W-X-Y. The… Read full author’s opinion and review in blog of #LiteForex