Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.10.2023

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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 developing an uptrend as a double zigzag W-X-Y. The first part of the final actionary wave Y, that is, wave [A], is currently unfolding. Wave [A] is similar to impulse (1)-(2)-(3)-(4)-(5). Corrective wave (4) will take the shape of a horizontal triangle A-B-C-D-E. After the completion of the triangle pattern, expect a price rise to the high of 35224.31.

Trading plan for BTCUSD today:

Buy 34286.29, Take… Read full author’s opinion and review in blog of #LiteFinance