Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 12.08.2024

1 min read

Dear readers,

I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.

Highlights and key points

BTCUSD: the pair may fall in the impulse wave C. Consider short trades at the current level with take profit at 49073.60.
XRPUSD: the price is expected to grow in the impulse wave 5 to the high of 0.654. Consider long trades at the current level with a take-profit order at 0.654.
ETHUSD: the price continues to fall in the impulse (5). Consider short trades with a take-profit order at 2092.35.

Elliott Wave analysis for Bitcoin

The BTCUSD… Read full author’s opinion and review in blog of #LiteFinance

You May Also Like

More From Author

+ There are no comments

Add yours