Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (31 August 2021)
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I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.
The BTCUSD market seems to be forming the final leg of the impulse as an ending diagonal.
The article covers the following subjects:
Elliott wave Bitcoin analysis
The BTCUSD market is forming the final impulse wave (C) of the ascending zigzag-shaped correction [B]. The final, fifth, wave of the (C) impulse seems to be unfolding as an ending diagonal ----. Wave  has finished further than wave . The Bitcoin price could be rising in the final wave  to a level of 51100.00. One could enter purchases in the current situation.
Trading plan for BTCUSD today:
Buy 47125.50, TP 51100.00
Elliott wave Ripple analysis
The most recent section of the XRPUSD chart displays the final leg of the impulse up wave C. In the C wave, the bearish correction  must have completed as a simple zigzag composed of sub-waves (A)-(B)-(C). The Ripple price should be rising in sub-wave  to a level of 1.402. One could open buy positions in the current situation.
Trading plan for XRPUSD today:
Buy 1.123, TP 1.402
Elliott wave Ethereum analysis
The ETHUSD market is forming the impulse up wave [C] composed of sub-waves (2)-(3)-(4)-(5). Corrective wave (4) has completed as a flat A-B-C. There is developing the final wave (5), which will finish when sub-waves 3-4-5 complete. An approximate trajectory of Ethereum future price movement is outlined in the chart. The price should go up to a level of 3670.00. It is relevant to buy under the current conditions.
Trading plan for ETHUSD today:
Buy 3237.81, TP 3670.00
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Price chart of BTCUSD in real time mode
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