Short-term forecast for BTCUSD, XRPUSD and ETHUSD 23.10.2023

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

The BTCUSD market is forming an actionary wave (Z) as a double zigzag W-X-Y. The final actionary wave Y is currently unfolding as a standard zigzag [A]-[B]-[C]. The impulse wave [A] has been completed. Shortly, expect a downward movement in correction [B], which could be 50% of the impulse [A]. Thus, the price may fall to 28592.00.

Trading plan for BTCUSD today:

Sell 30299.86, Take profit: 28592.00

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