Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.08.2023

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

The BTCUSD is forming a descending linking wave (X) as a double zigzag W-X-Y, with the motive wave Y developing inside as a zigzag. The first impulse wave [A] could end at a level of 27791.97. One could go short in the current situation.

Trading plan for BTCUSD today:

Sell 28873.37, Take profit: 27791.97

Elliott wave Ripple analysis

The XRPUSD market must be forming the linking wave XX… Read full author’s opinion and review in blog of #LiteFinance