Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.05.2024

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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

We can see a layout of an impulse forming. It consists of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the price is expected to rise in impulse (3) above the level of 84,630.50.

Trading plan for BTCUSD for today:

Buy 67,853.71, Take profit: 84,630.50

Elliott Wave analysis for Ripple

A double zigzag is… Read full author’s opinion and review in blog of #LiteFinance

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