Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.10.2023

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 is growing inside wave [C], which looks like impulse (1)-(2)-(3)-(4)-(5). Correction (4) has come to an end. It has a horizontal structure and serves as a double three. The price will rise in sub-wave (5), which may end at the high of 28639.00, marked by impulse (3). In the current situation, consider opening long trades.

Trading plan for BTCUSD today:

Buy 27084.53, Take profit: 28639.00

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