Short-term forecast for BTCUSD, XRPUSD and ETHUSD 23.08.2022

Приветствую своих читателей!

Я подготовил для вас краткосрочный прогноз на основании волнового анализа Эллиотта по Биткоину, Рипл и Эфириум. По каждой криптовалютной паре даны торговые рекомендации для входа в сделки.

Биткоин начал строить финальный импульс, который может завершить бычью волну связку (X).

The article covers the following subjects:

Elliott wave Bitcoin analysis

The BTCUSD market is forming a double zigzag, with the first motive wave [W] completed inside as a triple zigzag. The descending linking wave [X] is currently developing as a double zigzag (W)-(X)-(Y). Sub-wave (W) seems to have completed as a zigzag A-B-C. The Bitcoin price should be rising in the linking wave (X), unfolding as a zigzag. The price could rise to level 23500.00, where wave (X) will retrace the (W) wave by 61.8%.

Trading plan for BTCUSD today:

Buy 21268.50, Take profit: 23500.00


Elliott wave Ripple analysis

The XRPUSD market continues forming the initial part of the corrective pattern, developing as a double zigzag W-X-Y. The first motive wave W is currently forming as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. The price could be rising to the previous high of 0.408, marked by wave [Y]. The price should be rising in the motive wave [Z] developing as a standard zigzag (A)-(B)-(C), as outlined in the chart.

Trading plan for XRPUSD today:

Buy 0.335, Take profit: 0.408


Elliott wave Ethereum analysis

The ETHUSD chart displays the final part of the large linking wave (X) unfolding as a triple zigzag, this is the motive wave Z. The Z wave could complete as a simple zigzag [A]-[B]-[C]. Correction [B] must have completed as a double combination (W)-(X)-(Y). There is unfolding the bearish wave [C] as an impulse (1)-(2)-(3)-(4)-(5), as outlined in the chart. The potential impulse could finish at a level of 850.00. 

Trading plan for ETHUSD today:

Sell 1611.60, Take profit: 850.00


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The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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