Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.12.2023

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

After the end of the corrective wave [4], which took the shape of a skewed triangle (A)-(B)-(C)-(D)-(E), Bitcoin began developing a wave [5]. The first four parts have been formed inside the wave [5]. Bullish sub-wave (5) 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 44026.70, Take profit: 46131.00

Elliott wave Ripple analysis

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

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