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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 09.05.2023 | LiteFinance

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 09.05.2023

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



Correction B is unfolding as a standard zigzag [A]-[B]-[C]. Now its final part, sub-wave [C], is under construction. Judging by the initial part, wave [C] will take the shape of a simple impulse consisting of sub-waves (1)-(2)-(3)-(4)-(5). Soon, expect the price fall and the development of sub-waves (3)-(4)-(5) approximately to 25300.00. At this level, the correction B will be 50% of the impulse A.

Trading plan for BTCUSD today:

Sell... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3VJV4AM