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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 05.11.2021 | LiteFinance

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 05.11.2021

I welcome my readers!

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.

Bitcoin and Ethereum must be forming triangle corrections. Ripple is likely to have completed the linking wave X and should start declining.



Elliott wave Bitcoin analysis



The BTCUSD market is forming the corrective wave [B], with the bullish impulse wave (C) developing inside. The fourth leg of the (C) impulse, correction 4, should be developing now. Correction 4 could be unfolding as a contracting triangle [A]-[B]-[C]-[D]-[E]. The middle leg of the triangle,... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1Xyp