Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.08.2023

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

It is clear from the BTCUSD price chart that the linking wave (X) looks like a double zigzag W-X-Y. Within it, sub-waves W and X have been completed. The last sub-wave Y is currently unfolding. Wave Y will take the shape of a simple zigzag [A]-[B]-[C], as shown in the chart. Shortly expect bears to update the previous low, marked by sub-wave [X].

Trading plan for BTCUSD today:… Read full author’s opinion and review in blog of #LiteFinance