Short-term forecast for BTCUSD, XRPUSD and ETHUSD 12.01.2024

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 BTCUSD market is forming the final part of the linking wave X, with the impulse [C] developing inside. Impulse [C] is composed of sub-waves (1)-(2)-(3)-(4)-(5). Sub-waves (1)-(2)-(3)-(4) must have completed, and the final impulse (5) is yet to develop. The market should be rising in impulse 3 to a level of 51378.00.

Trading plan for BTCUSD today:

Buy 46180.13, Take profit: 51378.00

Elliott wave Ripple analysis

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