Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.11.2023

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 continues to form a bullish wave [A] as a standard impulse (1)-(2)-(3)-(4)-(5). Now, inside this impulse, the corrective wave (4) is unfolding as a contracting triangle. Shortly, the price will rise within the corrective wave D to the level of 36000.00. An approximate trajectory of the BTC future price movement is outlined in the chart.

Trading plan for BTCUSD today:

Buy 34797.36, Take profit: 36000.00

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