Short-term forecast for BTCUSD, XRPUSD, and ETHUSD 14.11.2023
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 market has completed the horizontal correction (4) and soon expect a price rise to 38900.00. Trading plan for BTCUSD today – Buy 36608.65, Take profit: 38900.00.
Elliott wave Ripple analysis: Ripple completed the linking wave [X] as a double zigzag and expect a decline in impulse (A) around the price level of 0.559. Trading plan for XRPUSD today – Sell 0.661, Take profit: 0.559.
Elliott wave Ethereum analysis: The ETHUSD market is forming a bullish impulse wave [A], and expect completion of correction 4 within impulse (5) and then growth in sub-wave 5 in the direction of level 2176.00. Trading plan for ETHUSD for today – Buy 2060.80, Take profit: 2176.00.