Financial_Wave

Financial_Wave

Let's continue to observe the social moods in the world. The main news today is the unrest in Brazil: supporters of former President Jair Bolsonaro stormed the Congress, the Supreme Court and the Presidential Palace. They are protesting against the election of Luis Inacio Lula da Silva as president, calling for a coup d'état, the annulment of elections and the...

Financial_Wave

Our priority scenario in XRP remains the same, wave 3 develops, it could bring ripple prices to $0.3646 or $0.3807. A price drop below $0.3312 will change our markup.

Financial_Wave

Our preferred scenario in BTC brought prices to the target that we have indicated in past reviews. The movement in wave (c) looks almost complete, growth may stop in the range of $17337-17513, and we’ll need to evaluate the behavior of Bitcoin at these levels in order to understand its further prospects.

Financial_Wave

Our preferred scenario in ETH remains the same. A rise in wave A could take prices to $1294. If the price of Ethereum drops below $1253, our markup will change.

Financial_Wave

Our priority scenario in BTC remains the same. Growth in wave (c) may bring Bitcoin prices to $17188. If the price of BTC falls below $16808, our markup will change.

Financial_Wave

Cryptocurrencies correlate with each other and Ripple is no exception. Our preferable scenario in XRP is confirmed by a rise in wave 3 and could take prices to $0.3648. In the event that the price of Ripple falls to $0.3312, the upward trend will be broken and we’ll change our view.

Financial_Wave

Our preferred scenario in BTC once again indicated the completion of the downward correction with absolute accuracy and we continue to follow our upward markup. Growth in wave (c) could bring Bitcoin prices to $17188. A drop in the price of BTC below $16808 will correct our view on BTC.

Financial_Wave

Our preferable scenario was confirmed by the growth of ETH. The upward movement is coming to a local end, and the growth may stop at $1294. A drop in the price of Ethereum below $1253 will mean that the upward wave A has ended.

Financial_Wave

We continue to follow our preferable scenario in ETH. The fall in small wave iv is complete, and growth in small wave v to $1294 looks most likely. The $1208 level is critical for our upward markup, and if it falls below it, we’ll change our view on Ethereum.

Financial_Wave

We continue to follow our priority scenario in BTC. The decline in wave (b) is complete or almost complete. Growth in wave (c) may start from current levels or from $16662 and bring the price of Bitcoin to $17188. The $16500 level is critical for our upside markup, and if the price drops below it, we’ll change our markup.

Financial_Wave

The graph shows the fall in wage income relative to the rise in prices. We see a rapid decline in the income of citizens. Perhaps this is the effect of the January holidays, because. salaries haven’t yet arrived at the bank and therefore the 3rd week of January is the most depressing. This trend was observed in the period 1979-1981, and it was the bottom of...

Financial_Wave

Our priority scenario in XRP is a continuation of wave 3 upside which could take prices to $0.3648-$0.3805. Our markup indicates that the growth will begin after the completion of wave 2 from the level of $0.3274, if the price falls below this level, we’ll change our view.

Financial_Wave

We have adjusted our priority scenario in CL. Downward acceleration in wave 3 looks most likely and could bring oil prices to $62.92. If the price of oil rises to $81.72 we’ll change our view. In support of our opinion, we also want to note: 1. Strong winds and mild temperatures will certainly reduce energy demand. 2. Bubbles burst in the financial markets. One...

Financial_Wave

BNB is one of the few coins that we see as having a high potential for the future and we thought it would be interesting to see how it develops in a wave pattern. Our priority scenario in Binance Coin is the development of wave 3, which can take the price to $299 and above. BNB falling below $240 will change our markup.

Financial_Wave

Our priority scenario in ADA is the price growth to $0.2792 in wave (i), before the growth to this target, the price may roll back in the small wave iv to $0.2601, but not lower than $0.2521. If the price drops to this level, we’ll change our view on ADA.

Financial_Wave

We continue to follow our priority variant in ETH. In our opinion, after the price rolls back in the small wave iv, which may end in the range of $1221-1231, we’ll see continued growth to the level of $1277. If the price of ETH falls below $1208, we will change our markup.

Financial_Wave

We have indicated short-term goals with absolute accuracy, you can see this by looking at our previous post about Bitcoin. Movement in BTC is developing according to our priority scenario and we continue to stick to it. The growth in wave (a) ended at $16,900, and now the fall in the price of BTC in wave (b) to $16,600 looks most likely. If we continue to rise...

Financial_Wave

Our preferred scenario in Etherium remains the same. After a slight rollback of the price to $1197, continuation of growth in wave (B) to $1277 looks most likely. The $1151 level is critical for our upward markup.