Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD analysis

LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum.

The chart displays the large down zigzag A-B-C, namely, its final segment. The upward corrective wave B looks complete, it is a double zigzag. There is now developing the initial part of the final impulse wave C. There is likely to have completed a small impulse wave [1], and the price is now rising in the corrective wave [2]. The price could be moving up in this correction to a level of 9350. Next, the price will resume declining in the third wave.


Elliott wave XRPUSD analysis

LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum.

The bear impulse wave A has completed in the large down zigzag, the upward corrective wave B has also completed. The B correction is a triple zigzag. There is now forming the inceptive phase of the impulse wave C. At the most recent chart section, the market is moving up in the corrective wave 2 that is a simple zigzag [a]-[b]-[c]. The price could be rising in this correction to a level of 0.210.


Elliott wave ETHUSD analysis

LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum.

After the large upward corrective wave 4, composed of sub-waves [w]-[x]-[y]-[x]-[z], completed, the market has started declining in the new downtrend. There is now developing the initial phase of the final fifth wave. The first two parts of this impulse wave have completed, and there is now developing the third wave that is a down impulse. A small bullish correction (2) should complete soon, next, the market will continue declining.


P.S. Did you like my article? Share it in social networks: it will be the best “thank you” 🙂

Ask me questions and comment below. I’ll be glad to answer your questions and give necessary explanations.

Useful links:

  • I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
  • Use my promo-code BLOG for getting deposit bonus 50% on LiteForex platform. Just enter this code in the appropriate field while depositing your trading account.
  • Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/liteforex

Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

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.

Rate this article:

{{value}} ( {{count}} {{title}} )





Source link

LEAVE A REPLY