08-04-2024 08:22 via litefinance.org

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 08.04.2024

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinWe can see a horizontal correction (4) developing as a contracting triangle A-B-C-D-E on the BTCUSD's H4 time frame. The subwaves A-B-C may have formed as regular zigzags. The price may be rising in the subwave D, which may end shortly as a double zigzag. Next, the price could decline to 66,000.00 in the final wave E.Trading plan for BTCUSD for to
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