Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 13.06.2024

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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 BTCUSD cryptocurrency pair continues forming the final part of a bullish impulse, wave [5]. Its first element, subwave (1), is currently unfolding. Correction 4, which includes subwaves [W]-[X]-[Y], is likely completed as part of subwave (1). The price is expected to rise in subwave 5, probably to the high of 71827.95 marked by subwave [X].

Trading plan for BTCUSD for today:

Buy 67485.82, Take profit: 71827.95

Elliott Wave analysis for Ripple

The pair’s bullish trend continues in… Read full author’s opinion and review in blog of #LiteFinance

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