Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 03.07.2024

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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

The complex corrective wave [4] presumably continues developing as a triple three pattern (W)-(X)-(Y)-(XX)-(Z). Its four parts have been fully completed. The actionary wave (Z) may be developing at the moment and is likely to end as a triple zigzag W-X-Y-XX-Z at the low of 56,457.74, marked by wave (Y). 

Trading plan for BTCUSD for today:

Sell 60,828.02, Take profit: 56,457.74

Elliott Wave analysis for Ripple

The linking wave [X] continues developing in Ripple’s chart and looks… Read full author’s opinion and review in blog of #LiteFinance

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