Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.11.2023

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

Bullish impulse wave [A] continues developing as a standard impulse (1)-(2)-(3)-(4)-(5). Corrective wave (4) is currently unfolding within this impulse as a contracting triangle. Soon, the price will rise within the corrective wave D to the level of 36000.00. An approximate trajectory of the Bitcoin future price movement is outlined in the chart.

Trading plan for BTCUSD today:

Buy 35343.45, Take profit: 36000.00

Elliott wave Ripple analysis

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