Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.12.2023

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

The corrective wave [4] took the shape of a skewed triangle (A)-(B)-(C)-(D)-(E). Now Bitcoin is developing the initial part of the bullish impulse [5]. The first four parts are formed inside the wave [5]. Bullish sub-wave (5) is currently unfolding. It is expected to end around 46131.00. At the specified level, wave [5] will be equal to impulse [3].

Trading plan for BTCUSD today:

Buy 43612.19, Take profit: 46131.00

Elliott… Read full author’s opinion and review in blog of #LiteFinance