Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.05.2023
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 the beginning of a bearish standard zigzag [A]-[B]-[C]. Its first part, wave [A], is currently unfolding as the leading diagonal (1)-(2)-(3)-(4)-(5). The corrective wave (4) has been recently completed. Shortly, the price will continue to decline in sub-wave (5) towards the previous low 26900.00 marked by impulse (3).
Trading plan for BTCUSD today:
Sell 27952.67, Take profit: 26900.00
Elliott wave Ripple analysis
The XRPUSD market is building... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40X8H0D
