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I have created a short-term forecast for cryptocurrency based on Elliott wave analysis of Ripple, Ethereum and Bitcoin. I offer entry signals for each cryptocurrency.
Analysis of the Elliott wave Bitcoin
The BTCUSD is currently in decline. Market participants began to construct an impulse wave C that consisted of sub-waves [1]-[2]-[3]-[4]-[5]. This is the last in the ongoing bearish zigzag (Y). Correction [4] is complete, so the price will continue falling in sub-wave [5] To the level of 14700.00. This level will see impulse C equal to 61.8% for wave A.
Trading plan for BTCUSD today:… Read full author’s opinion and review in blog of #LiteFinance
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