Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.12.2023
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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, B, C, and D have been completed. At the moment, the price is declining in bearish wave E. The triangle will end at 41837.00, located on the lower line.
Trading plan for BTCUSD today:
Sell 43239.37,… Read full author’s opinion and review in blog of #LiteFinance
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