Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.08.2023

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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

BTCUSD is forming a large sideways trend. After the completion of the downward zigzag W, the market started building wave X, but it is still not completed. Initially, it was supposed to take a zigzag shape. However, over time and after the formation of new waves, X unfolded as a triple three [W]-[X]-[Y]-[X]-[Z]. Its final part, wave [Z], is currently unfolding as a small upward zigzag… Read full author’s opinion and review in blog of #LiteFinance