Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.12.2023

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

Bitcoin is forming an impulse wave [5], which began unfolding after the completion of the triangle pattern. Within the impulse [5], sub-waves (1)-(2)-(3)-(4) have already been completed. Shortly expect a price rise in the final sub-wave (5). It can end at the level of 46131.00, at which it will be equal to the impulse [3].

Trading plan for BTCUSD today:

Buy 43412.13, Take profit: 46131.00

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