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Short-Term Analysis for BTCUSD, XRPUSD and ETHUSD for 11.06.2025
On the H4 chart of Bitcoin, we see the final segment of a large impulse wave (1)-(2)-(3)-(4)-(5), which is nearing completion. Its last part — impulse 5 — is likely in progress. The second part of impulse 5 is expected to continue upward in the near term. The price may first rise toward the 115,288.15 level. Then, a minor pullback is expected as part of the corrective phase within impulse 5, followed by a possible continuation of the uptrend, as shown on the chart. Buy 109,838.47, Take profit: 115,288.15 chart From a global perspective, the bullish impulse (1)-(2)-(3)-(4)-(5) is developing in the XRPUSD chart. ... (full story)
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- Jun 11, 2025 2:52am Posted byTechnical Analysis155
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