Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.10.2023

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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 last actionary wave [Z] inside the linking wave XX can take the shape of a standard zigzag (A)-(B)-(C). The impulse wave (A) may have already been completed. A corrective wave (B) is now unfolding. Correction (B) may end around the level of 27646.97. Then, expect the price to rise in impulse (C) toward the top (A). In the current situation, consider opening short trades.

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