Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.05.2023
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.
All cryptocurrencies are developing according to forecasts.
Elliott wave Bitcoin analysis
Major bearish correction B is unfolding as of the standard zigzag [A]-[B]-[C]. Inside it, the last sub-wave [C] is under construction. Wave [C] can take the shape of a simple impulse (1)-(2)-(3)-(4)-(5). Soon expect price drop and development of sub-waves (3)-(4)-(5), approximately to 25300.00. At this level, correction B will be 50% of impulse A.
Trading plan for BTCUSD today:
Sell 27464.37,... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42OMt2f
