Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.11.2023

I welcome my readers!

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

Bitcoin completed the upward wave [A] as an impulse (1)-(2)-(3)-(4)-(5). The most recent BTCUSD chart section displays a decline in the initial part of the corrective wave [B]. This wave can take the shape of any corrective pattern. Bears are aiming to reach a low of 30355.95. In the current situation, consider opening short trades.

Trading plan for BTCUSD today:

Sell 34455.20, Take profit: 30355.95

Elliott wave Ripple… Read full author’s opinion and review in blog of #LiteFinance