Analysis

Traders are trying to consolidate the price above the Target Zone 82.34 – 81.35. If successful, the next growth target in the short-term uptrend will be the Gold Zone 84.98 – 84.65. If the price decreases, sellers will test support (A) 79.73 – 79.40. After the test, consider new purchases with a target at yesterday’s […]

The ETHUSD market is rising in the potential impulse, with sub-waves (1)-(2)-(3) completed inside. Correction (4) is currently unfolding as a double zigzag W-X-Y. The motive wave W has completed, and the Ethereum price should be rising in the linking wave X, which should end at a level of 3707.08, where wave X will be 61.8% of wave W.

The XRPUSD market must have completed the first motive wave [W] as a zigzag. The linking wave [X] is currently unfolding as a standard zigzag (A)-(B)-(C). The first impulse wave (A) has finished as a leading diagonal, and the Ripple price should be rising in correction (B) to a level of 0.652, where wave (B) will be 50% of

The BTCUSD market must have completed the first two sub-waves [1]-[2] of the bullish impulse, and the price resumed rising in the third wave, with sub-waves (1)-(2)-(3) finished inside. Correction (4) is currently unfolding as a double zigzag W-X-Y. The motive wave W has completed as a zigzag, and the linking wave X should be driving the price to a

Ethereum is moving in a bullish impulse wave that consists of subwaves (1)-(2)-(3)-(4)-(5). Impulse (1) and correction (2) are formed. Impulse (3) seems to have finished developing. So, the price is correcting in subwave (4) in the last segment of the chart. Correction (4) may equal 38.2% of impulse (3) and form as a zigzag.

A bullish impulse is developing in the Ripple chart. Its subwaves [1] and [2] — a leading diagonal and a zigzag — look complete. The price is currently growing actively in the first part of bullish impulse [3]. The subwaves (1)-(2) of wave [3] are formed. The price is expected to grow in subwave (3)

A powerful impulse wave (3) may have formed as part of impulse [3] currently developing. A bearish correction (4) is unfolding at the moment. Correction (4) will likely be 23.6% of impulse (3) as per Fibonacci levels and form as a zigzag. Thus, the price may fall to 66,137.00 as shown in the chart. In

The euro continues to correct to the short-term uptrend. Yesterday, the price approached support (A) 1.0897 – 1.0888. Today sellers will try to test this zone again. After testing support (A), expect a pattern to form and open a long trade with a target at March 8 high. If support (A) is broken out downside during

Yesterday, gold corrected downwards and reached support (A) 2151 – 2146. The zone was held, therefore, consider purchases according to the pattern with a target at March 8 high. If, as a result of trading, support (A) is broken out downside, the correction will continue with the target at support (B) 2129 – 2122. This

Traders are trying to break out support (A) 77.01 – 76.68. However, buyers are holding this zone. Therefore, expect a buy pattern to form near this zone. If the pattern is formed, open a long trade with the target at March 1 high. If, during trading, support (A) is broken out downside, the correction will continue