Quick-term forecast for BTCUSD, XRPUSD and ETHUSD 26.08.2022

Quick-term forecast for BTCUSD, XRPUSD and ETHUSD 26.08.2022

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I welcome my readers!

I’ve ready a short-term cryptocurrency forecast primarily based on the Elliott wave evaluation of Bitcoin, Ripple, and Ethereum. I supply entry indicators to commerce every cryptocurrency.

The article covers the next topics:

Elliott wave Bitcoin evaluation

The BTCUSD market continues forming the bearish corrective sample as a double zigzag (W)-(X)-(Y). The primary motive wave (W) has accomplished, and the linking wave (X) is unfolding as an upward zigzag A-B-C. The ultimate impulse wave C is at present unfolding inside the zigzag, and the value might go as much as a stage of 23500.00, the place wave (X) shall be 61.8% of sub-wave (W).

Buying and selling plan for BTCUSD right this moment:

Purchase 21530.00, Take revenue: 23500.00

Elliott wave Ripple evaluation

The XRPUSD market is forming the motive wave W as a triple zigzag [W]-[X]-[Y]-[X]-[Z], with the ultimate sub-wave [Z] growing inside as a easy zigzag (A)-(B)-(C), as outlined within the chart. The value might go up within the (A) impulse, and, following a correction down within the (B) wave, the market will resume rising in direction of the earlier excessive of 0.408. An approximate trajectory of Ripple future worth motion is printed within the chart.

Buying and selling plan for XRPUSD right this moment:

Purchase 0.346, Take revenue: 0.408

Elliott wave Ethereum evaluation

The ETHUSD market continues forming the ultimate leg of the big zigzag [A]-[B]-[C]; that is the [C] wave. The [C] wave is unfolding as a easy impulse (1)-(2)-(3)-(4)-(5). Sub-waves (3)-(4)-(5) needs to be forming, driving the value all the way down to a stage of 850.00. One might enter promote trades with a goal on the finish if the [C] impulse.

Buying and selling plan for ETHUSD right this moment:

Promote 1679.81, Take revenue: 850.00

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The content material of this text displays the creator’s opinion and doesn’t essentially mirror the official place of LiteFinance. The fabric printed on this web page is supplied for informational functions solely and shouldn’t be thought of as the availability of funding recommendation for the needs of Directive 2004/39/EC.

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