Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Elliott Wave analysis for Bitcoin
The second part of a bullish impulse – corrective wave (2) – is presumably unfolding in the last segment of the BTCUSD’s chart. This correction has a complex inner structure that looks like a triple zigzag W-X-Y-XX-Z. Subwaves XX and Z are expected to form soon, while the whole correction may end at 62416.06, where the size of wave (2) will be 61.8% of wave (1).
Trading plan for BTCUSD for today:
Sell 64583.98, Take profit: 62416.06
Elliott Wave… Read full author’s opinion and review in blog of #LiteFinance
+ There are no comments
Add yours