Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Key takeaways
BTCUSD: A descending wave Z is expected to reach 53,527.00. Consider selling from the current level with Take Profit at 53,527.00.
XRPUSD: Bears continue holding at 0.348. Consider selling from the current level with Take Profit at 0.348.
ETHUSD: Impulse (C) continues unfolding. Consider selling with Take Profit at 2,806.27.
Elliott Wave analysis for Bitcoin
The last wave of a big complex correction [4] — a descending wave (Z) — continues forming as a triple zigzag W-X-Y-XX-Z in Bitcoin’s chart. The horizontal… Read full author’s opinion and review in blog of #LiteFinance
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