Short-term forecast for BTCUSD, XRPUSD and ETHUSD 29.12.2023

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 continues to build a horizontal correction (4) within the bullish impulse [C]. Wave (4) can take the shape of a contracting triangle, as shown in the chart. Sub-waves A, B, C, and D have been completed. The price is currently declining in bearish wave E. The triangle will end around the level of 41837.00, which is located on the lower line.

Trading plan for BTCUSD today:

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