Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.08.2023

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 sub-waves W-X completed inside. The final wave Y is currently unfolding as a standard zigzag [A]-[B]-[C], whose first impulse wave [A] should finish at a level of 27836.36.

Trading plan for BTCUSD today:

Sell 29190.74, Take profit: 27836.36

Elliott wave Ripple analysis

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