Short-term forecast for BTCUSD, XRPUSD and ETHUSD 12.05.2023
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
Bitcoin continues to form a bearish correction B, inside which the last sub-wave [C] is unfolding. Wave [C] can take the shape of a simple impulse (1)-(2)-(3)-(4)-(5), as shown in the chart. Soon expect a price drop and development of sub-waves (3)-(4)-(5) to 25300.00. At this level, correction B will be 50% of impulse A.
Trading plan for BTCUSD today:
Sell 26595.77, Take profit: 25300.00
Elliott wave Ripple analysis
The... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42zrRv1
