Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Key takeaways
BTCUSD: Wave Z may end correction [4] at 53,490.60. Consider selling from the current level with Take Profit at 53,490.60.
XRPUSD: The price is moving in descending wave C and may collapse to 0.348. Consider selling from the current level with Take Profit at 0.348.
ETHUSD: Bearish impulse (C) continues unfolding. Consider selling with Take Profit at 2,806.27.
Elliott Wave analysis for Bitcoin
Bitcoin’s price is forming a complex corrective wave [4], which is presumably unfolding as a triple three pattern (W)-(X)-(Y)-(XX)-(Z)…. Read full author’s opinion and review in blog of #LiteFinance
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