Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.10.2023

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

Bitcoin builds an impulse wave [C] inside wave W. Wave [C] consists of five sub-waves (1)-(2)-(3)-(4)-(5), where the first four parts are completed. The final sub-wave (5) is currently unfolding. It is expected to end around the high of wave (3), that is, around the level of 28589.00. In the current situation, consider opening long trades.

Trading plan for BTCUSD today:

Buy 27552.97, Take profit: 28589.00

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