Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.05.2023
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
In the medium term, BTCUSD can build a standard zigzag consisting of sub-waves [A]-[B]-[C]. Its first part, wave [A], is currently unfolding. Wave [A] will take the shape of the leading diagonal (1)-(2)-(3)-(4)-(5). Corrective wave (4) has been completed. Soon expect a price decline in sub-wave (5), consisting of sub-waves 1-2-3-4-5, in the direction of the previous low, marked by impulse (3).
Trading plan for BTCUSD today:
Sell... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40XAY7k
