Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.08.2023

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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

Bitcoin continues to build a large triple zigzag, inside which the actionary wave Y is currently unfolding. Wave Y will soon take the shape of a standard zigzag [A]-[B]-[C]. The first two sub-waves [A]-[B] have already been completed. Now the price is going down in the sub-wave [C], which looks like the impulse (1)-(2)-(3)-(4)-(5), where the correction (4) serves as a double zigzag. The impulse will… Read full author’s opinion and review in blog of #LiteFinance