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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 BTCUSD continues forming an ascending impulse C as a part of the bullish zigzag A-B-C. Impulse C is composed of five sub-waves [1]-[2]-[3]-[4]-[5], four of which have been completed. Correction [4] must have completed as a zigzag (A)-(B)-(C). The price should be rising in impulse [5] to a level of around 32600.00.
Trading plan for BTCUSD today:
Buy 30208.19, Take profit: 32600.00
Elliott Wave Ripple analysis
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