Short-term forecast for BTCUSD, XRPUSD and ETHUSD 15.12.2023

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

The linking wave [X] has been completed as a triple zigzag. After this, the market began to move downward, building a new wave. The bearish impulse consisting of sub-waves 1-2-3-4-5 is currently unfolding. Sub-waves 1-2 have been completed. Soon, expect the price to decline in sub-wave 3 below the low of 37425.00.

Trading plan for BTCUSD today:

Sell 42612.04, Take profit: 37425.00

Elliott wave Ripple analysis

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