Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.09.2023

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 forms an actionary wave W as a standard zigzag [A]-[B]-[C]. The first impulse wave [A], consisting of five parts, has been completed. A downward corrective wave [B] is currently unfolding. This wave will end around the level of 25897.50, where it will most likely be 61.8% of the impulse [A].

Trading plan for BTCUSD today:

Sell 26834.84, Take profit: 25897.50

Elliott wave Ripple analysis

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