Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2024

Dear readers, I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Elliott Wave analysis for Bitcoin Bitcoin continues forming the final part of an upward impulse – wave [5]. The first subwave (1) may have formed as an impulse recently. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. Impulse wave A is completed, and the price is growing in correction B, which may equal 61.8% of subwave A. Thus, the price may rise to the level of 69202.98. Trading plan for BTCUSD for today: Buy 65739.75, Take profit: 69202.98 Elliott Wave analysis... Read full author’s opinion and review in blog of #LiteFinance

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2024
Dear readers, I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Elliott Wave analysis for Bitcoin Bitcoin continues forming the final part of an upward impulse – wave [5]. The first subwave (1) may have formed as an impulse recently. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. Impulse wave A is completed, and the price is growing in correction B, which may equal 61.8% of subwave A. Thus, the price may rise to the level of 69202.98. Trading plan for BTCUSD for today: Buy 65739.75, Take profit: 69202.98 Elliott Wave analysis... Read full author’s opinion and review in blog of #LiteFinance