Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.07.2023

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 is forming a descending linking wave (X) as a double zigzag W-X-Y. The first motive wave W must have completed. The linking wave X is about to finish soon. The Bitcoin price should soon be declining in the zigzag-shaped motive wave Y, whose first impulse sub-wave should end at a level of 27791.97.

Trading plan for BTCUSD today:

Sell 29387.03, Take profit: 27791.97

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