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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 most recent BTCUSD chart section displays the formation of the bullish impulse within which the corrective wave [4] has been completed. The price is currently rising in a bullish sub-wave [5]. Its structure looks like an impulse. The price will rise to the level of 32542.47. The market may then reverse in a new trend.
Trading plan for BTCUSD today:
Buy 31318.98, Take profit: 32542.47
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