Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.10.2023

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I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.

Elliott wave Bitcoin analysis

The BTCUSD market continues to develop an uptrend as a double zigzag W-X-Y. The first part of the final actionary wave Y, that is, wave [A], is currently unfolding. Wave [A] is similar to impulse (1)-(2)-(3)-(4)-(5). Corrective wave (4) within this impulse is developing as a horizontal triangle A-B-C-D-E. After the end of the triangle pattern, expect growth to the high of 35224.31.

Trading plan for BTCUSD today:… Read full author’s opinion and review in blog of #LiteFinance