Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 10.07.2023

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.

Elliott Wave analysis for Bitcoin

Presumably the BTCUSD's chart is building a bullish wave C which may develop as an impulse. A sideways correction [4], looking like double three (W)-(X)-Y), is nearing completion inside the impulse. The market can soon start moving upwards to the level of 32250.00 in the final sub-wave [5]. At that level, the size of the impulse [5] will be 50% of impulse [3].

Trading plan for BTCUSD for today:

Buy: 30088.57, Take profit: 32250.00

Elliott Wave analysis… Read full author’s opinion and review in blog of #LiteFinance