Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Highlights and key points
BTCUSD: the pair continues to decline in correction (2) toward 55901.27. Consider short trades at the current level with a take-profit order placed at 55901.27.
XRPUSD: the price grows in the impulse wave (C) to the high of 0.654. Consider long trades at the current level, taking profits at 0.654.
ETHUSD: the price is forming the final part of correction (4). Consider long trades with a take-profit order at 2771.35.
Elliott Wave analysis for Bitcoin
The BTCUSD pair may have completed correction [4] as a standard zigzag (A)-(B)-(C). The most… Read full author’s opinion and review in blog of #LiteFinance
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