Home Forex Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.01.2023

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.01.2023

by ForexGuy
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Welcome readers!

We have created short-term forecasts for cryptocurrencies based on Elliott Wave analysis for Bitcoin, Ripple and Ethereum. We provide entry signals for trading each cryptocurrency.

This article covers the following subjects:

Elliott Wave Bitcoin Analysis

The last section of the BTCUSD chart shows the building of a bullish wave as impulses (1)-(2)-(3)-(4)-(5). The last subwave (5) that looks like the last diagonal is unfolded. Soon the price of subwave (5) rises to the level of 24040.00. [5] 76.4% of the impulse. [3]The chances of achieving this ratio are high.

trading plan BTCUSD today:

Buy 23004.79 and profit: 24040.00

Elliott Wave Ripple Analysis

The XRPUSD Market Is Building The Final Wave Of Action [Y] in a double zigzag. While the first impulse (A) unfolds, it can take the form of a standard zigzag (A)-(B)-(C). Fix 4 is over, so let’s look forward to the final Subwave 5 deployment. It ends around 0.469.

trading plan XRP USD today:

Buy 0.403, Take Profit: 0.469

Elliott Wave Ethereum Analysis

The last section of the ETH chart has an impulse structure. Impulse C, or its middle part, subwave [3], is expanding. Subwaves (1)-(2)-(3)-(4) are completed within the preceding subwave. We expect the last sub-wave (5) to grow with a possible rally to 1813.16 soon. Future price movements are displayed on the chart.

trading plan ether dollar For today:

Buy 1579.33 and take profit: 1813.16

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The content of this article reflects the opinions of the author and does not necessarily reflect the official views of Right Finance. The material on this page is provided for informational purposes only and should not be considered as providing investment advice for the purposes of Directive 2004/39/EC.

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