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Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.12.2 | LiteFinance

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.12.2021

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Also, I've provided trading recommendations and entry points for each cryptocurrency pair.

Ripple and Ethereum are forming double zigzags, whose ultimate complex waves are developing as double zigzags, too.



Elliott Wave analysis for Bitcoin

По

At the beginning of December, Bitcoin finished forming a downward impulsive wave [A], consisting of sub-waves (1)-(2)-(3)-(4)-(5). Then, a corrective wave [B] started forming as a double zigzag (W)-(X)-(Y). The middle part of the pattern — linking wave (X) — developed as a triple zigzag on 20 December.... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtiE0