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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.12.2021 | LiteFinance

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.12.2021

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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 should be declining in the final sub-waves of triple zigzags.



Elliott wave Bitcoin analysis



The hourly BTCUSD chart displays the descending triple zigzag currently unfolding, with the bearish wave [A] completed as a five-wave impulse in early December. The market has been rising in corrective wave [B] developing as a double three (W)-(X)-(Y). Wave (W) completed as a double zigzag, and the descending linking wave (X) is currently forming... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jthWg