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Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (30 March 2021)

2021-03-30

2021-03-30

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.03.2021Roman Onegin

I welcome my readers!

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.

Bitcoin and Ethereum are about to finish impulse sub-waves, so, there could soon start a correction.

The article covers the following subjects:

Elliott wave Bitcoin analysis

The BTCUSD market continues forming the final part of the large bullish impulse, wave 5. Wave 5 is composed of the sub-waves [1]-[2]-[3]-[4]-[5]. There is now developing the middle part of the impulse pattern, impulse [3]. Most likely, the price is now rising in the last sub-wave (5). The market could continue growing to a level of 59860.00, which is the previous high. Next, the market could slightly decline in the corrective sub-wave [4].

Trading plan for [BTCUSD][1] today:

Buy 57472.00, TP 59860.00

Elliott wave Ripple analysis

The XRPUSD market continues forming the ending diagonal ©. After the corrective down wave 4 completed as a double zigzag, there have finished the impulse wave [a] and the bearish corrective wave [b] as a zigzag (A)-(B)-©. There is now developing the initial part of the impulse wave [c], which could conclude the final, fifth leg of the diagonal at a level of 0.645. The nearest target for purchases is level 0.600, marked by wave 3.

Trading plan for [XRPUSD][2] today:

Buy 0.575, TP 0.600

Elliott wave Ethereum analysis

In the ending diagonal, currently unfolding, there has recently completed the corrective wave 4 as a zigzag. Next, the market has reversed and started forming the initial part of the zigzag-shaped wave 5. The first impulse wave [a] should complete at a level of 1890.00, where correction (2) finished. Next, the market should decline in correction [b], as outlined in the chart.

Trading plan for [ETHUSD][3] **** today:

Buy 1798.00, TP 1890.00

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Price chart of BTCUSD in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. 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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  1. my.liteforex.com/trading/chart?symbol=BTCUSD
  2. my.liteforex.com/trading/chart?symbol=XRPUSD
  3. my.liteforex.com/trading/chart?symbol=ETHUSD
  4. my.liteforex.com/?category=analysts-opinions&slug=short-term-forecast-for-BTCusd-xrpusd-and-ethusd-30032021&openPopup=%2Fregistration%2Fpopup&utm_source=blog&utm_medium=article&utm_campaign=bonus
  5. my.liteforex.com/deposit/?category=analysts-opinions&slug=short-term-forecast-for-BTCusd-xrpusd-and-ethusd-30032021&promo_code=BLOG&utm_source=blog&utm_medium=article&utm_campaign=bonus