Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.12.2023

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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 most recent BTCUSD chart section displays that the linking wave [X] has been completed as a triple zigzag. After this, the market began to decline, building a new wave. The bearish impulse (A), consisting of sub-waves 1-2-3-4-5, is currently unfolding. Sub-waves 1-2 have been completed. Shortly, expect the price to move down in sub-wave 3. Wave (A) may end at the low of 36700.00.

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