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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.05.2023 | LiteFinance

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.05.2023

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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



The hourly timeframe of the BTCUSD price chart displays the construction of a bearish correction B as a standard zigzag [A]-[B]-[C]. Now its final part, sub-wave [C], is unfolding. Wave [C] can take the shape of a simple impulse consisting of sub-waves (1)-(2)-(3)-(4)-(5). Shortly expect the price fall and development of sub-waves (3)-(4)-(5) to 25300.00. At the specified level, correction B will be 50% of impulse... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LOHyqZ