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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 17.12.2021 | LiteFinance

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 17.12.2021

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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 Ripple are currently forming corrective waves that could retrace the previous impulses by 50%.



Elliott wave Bitcoin analysis



The BTCUSD continues forming the upward correction [B] as a double zigzag (W)-(X)-(Y). The first two sub-waves of this pattern have been completed, and there is unfolding the final motive wave (Y) as a triple zigzag, as outlined in the chart. The entire pattern should complete at a level of 55050.00, where... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtkbp