Weekly Elliott wave cryptocurrency forecast and analysis

Forecast for BTCUSD, LTCUSD, ETHUSD, EOSUSD, XRPUSD pairs

Elliott wave analysis for BTCUSD

In the BTCUSD timeframe, there has completed the third element of the large up impulse wave, impulse 3. After that, the market continued moving down in the corrective wave 4. This correction is likely to complete as a double zigzag [W]-[X]-[Y]. At the time of writing, there have completed a simple zigzag [W] and the upward linking wave [X]. There is currently forming the final wave [Y] that may complete as a bear double zigzag. Let us see the structure of this wave in more detail in…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>