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Dear readers
I have prepared short -term expectations for Bitcoin, Ripple, and Ethereum based on an ELLIOTT wave analysis.
The article covers the following topics:
Main meals
- BTCUSD: The price is expected to rise to the highest level. The recommendation is to open long deals with profit at 109,276.16
- XRPUSD: revision [2] Complete, the price is expected to rise. Consider long deals with profit at 2.355.
- Ethusd: The original is expected to increase to the highest level. Consider buying at the present level with profit at 2,542.07.
Elliott wave analysis for Bitcoin
The bullish wave develops as a batch (1)-(2)-(3)-(4)-(5) in the last section of Bitcoina plan. Its sub -waves (1), (2), and (3) complete. The corrective wave (4) appears to have been formed recently as a trigger-zip-XX-Z. In the last part of the scheme, it is assumed that the first part of the wave of the ascending motivation is revealed. The corrective sub -wave is supposed to be formed 2. Motivation 3 is under progress [4] It has evolved within it. The upholsome sub -wave [5] It is likely to be revealed. The price is expected to collect to the highest previous level of 109,276.16, characterized by sub -wave (3).
BTCUSD trading plan for today:
Buy 98,764.74, take profits: 109,276.16
Elliott wave analysis of ripples
The global upper motivation (1)-(2)-(3)-(4)-(5) develops on xrpusd table. Both are likely to be the driving wave (3) and corrective wave (4), which took a zigzag trifly -wxyz, complete. The first part of the new upper style is currently revealing, and it is supposed to be motivated. The first two parts-sub-wave 1 and correction 2-. The price is expected to rise in the 3rd motivation in the near future. Sub -wave [1] It seems that it was completed within the 3rd motivation, and the correction [2] I finish. As a result, the price is expected to increase in a new third wave to the highest level of 2.355 and higher.
XRPUSD trading plan for today:
Buy 2.171, take profits: 2.355
Elliott wave analysis of ethereum
H4 chart from ethusd The breakdown of a large correction (4) appears, complete as a double zig. The new upper wave develops as a 1-2-3-4-5 batch in the last part of the scheme. Apparently, the correction 2 has ended recently, and the price is now in motivation 3. The sub -wave [1] Within this motivation, this has been completed, and the price is currently climbing into the motivation [3] About 2,542.07.
Hythos trading plan for today:
Buy 1,894.42, take profits: 2,542.07
If you want to learn more about the classic wave analysis, check out Our in -depth article on Elliot wave theory.
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BTCUSD price scheme in real time
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