Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.12.2023

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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 BTCUSD market continues to build a horizontal correction (4) within the bullish impulse [C]. Wave (4) can take the shape of a contracting triangle, as shown in the chart. Sub-waves A and B have been completed. Now, the price is moving down in a bearish wave C. It will take the shape of a double zigzag and will be 76.4% of wave B. It will… Read full author’s opinion and review in blog of #LiteFinance