Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.11.2023

I welcome my readers!

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

Bitcoin continues to develop an upward impulse wave C, consisting of five sub-waves [1]-[2]-[3]-[4]-[5]. Correction [4] is currently under construction. Lateral correction [4] is unfolding as double three (W)-(X)-(Y). Shortly expect a decline in the actionary wave (Y) towards the level of 35200.00, which is located on the resistance line.

Trading plan for BTCUSD today:

Sell 37345.57, Take profit: 35200.00

Elliott wave Ripple analysis

The XRPUSD market is… Read full author’s opinion and review in blog of #LiteFinance