Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.10.2023

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

BTCUSD is forming a double zigzag W-X-Y. The final motive wave Y is unfolding as a standard zigzag [A]-[B]-[C]. Impulse (5) is developing within the first impulse wave [A], and the Bitcoin price should go up to a high of 35261.15. The market could turn down once the indicated level is reached by the price.

Trading plan for BTCUSD today:

Buy 34076.19, Take profit: 35261.15

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