Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.08.2023

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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

The BTCUSD is forming the final impulse wave [C] as a part of the motive wave Y. The first three sub-waves (1)-(2)-(3) must have completed within the [C] impulse. Wave (3) finished lower than expected. The Bitcoin price should be corrected up in sub-wave (4) and continue falling in impulse (5). Wave (5) should finish at a level of 25102.23, the low marked by impulse (3)…. Read full author’s opinion and review in blog of #LiteFinance