Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

[Market_analytics]

Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

The BTCUSD market if forming a large down double zigzag [W]-[X]-[Y]. The first leg of this double zigzag, wave [W], is now developing. It is a simple bearish zigzag (A)-(B)-(C), where the sub-waves (A) and (B) have completed, and the final impulse wave (C) is now forming. The corrective wave 4 must have completed as a double zigzag of a smaller degree. There is now should be developing the final impulse wave 5. The price should continue declining in this impulse to a level of 9700. Next, the price should turn up and start rising in the linking wave [X] towards a level of 10900.

Elliott wave XRPUSD

The XRPUSD market is forming the down impulse wave (A), which is the beginning of the bearish zigzag of a larger degree. There is now forming the middle part of the (A) wave, impulse 3. Impulse 3 is composed of the sub-waves [1]-[2]-[3]-[4]-[5]. The deep correction [4] seems to have completed as a triple zigzag. Then, wave [5] has started. The price should be declining in the final leg of impulse 3 over the next few days. Next, the price could rise a little in correction [4]. Next, the price should resume declining in wave 5 to a level of 0.188. An approximate trajectory of the Ripple future price trend is outlined in the chart.

Elliott wave ETHUSD analysis

The ETHUSD market is forming the down zigzag, with the bearish impulse wave A developing inside. Wave A is composed of the sub-waves [1]-[2]-[3]-[4]-[5]. The corrective wave [4] should have completed as a simple zigzag (a)-(b)-(c). Next, the market has started falling in the impulse wave [5]. The price should be declining towards a level of 300.00. Next, there could start a new uptrend as it is outlined in the chart.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave BTCUSD


There continues forming the down double zigzag, where the bearish zigzag-shaped wave [W] has completed. There is now forming the bullish linking wave [X]. This wave may end as a simple zigzag, composed of the sub-waves (A)-(B)-(C). The market is rising in the final impulse wave (C). This impulse should complete at a level around 11150, where wave [X] will reach 50% of the [W] zigzag according to the Fibonacci retracements.

Elliott wave XRPUSD


The XRPUSD market has completed the down wave (W) as a simple zigzag. Next, the price has started rising in the linking wave (X). The (X) is also unfolding as a zigzag that is composed of three main sub-waves A-B-C. Wave A is a leading diagonal. The market must be rising in the C impulse currently. The price should be rising to a level of 0.278, where the entire linking wave [X] will be 50% of wave (W), according to Fibonacci retracements.

Elliott wave ETHUSD analysis


The impulse wave A must have ended, and the down corrective wave B is now forming as a simple zigzag [A]--[C]. Impulse [A] and a down corrective wave have finished. Impulse [C] is still developing. The price should continue rising in the final part of the [C] impulse to a level of 418.00. At this level, the entire correction B will reach 61.8% Fibonacci level of wave A.

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

After the upward impulse wave A finished, there has started a corrective pattern unfolding as a double zigzag [W]-[X]-[Y]. The down zigzag-shaped wave [W], composed of three major sub-waves (A)-(B)-(C), looks complete. The market is now rising in the linking wave [X] that could finish as a simple zigzag. Sub-waves (A) and (B) have completed, and the market is now moving up in the final impulse wave (C). The market should be rising to a level of 11480, where the linking wave [X] will reach 61.8% Fibonacci level of the [W] zigzag.

Elliott wave XRPUSD

The XRPUSD market is forming the down double zigzag (W)-(X)-(Y). The bear wave (W) finished as a simple zigzag. Next, the market has started rising in the linking wave [X] that is composed of the sub-waves A-B-C. Wave A is a leading diagonal, correction B is a standard zigzag. Correction B is likely to have completed, so, the price will be rising in impulse C to a level of 0.278. At this level, the linking wave (X) will be 50% of the wave (W). This ratio is highly likely to be reached.

Elliott wave ETHUSD analysis

The ETHUSD market completed the large upward wave (Y). Next, a new downtrend started. There has started a down impulse wave A that is composed of five legs, sub-waves [1]-[2]-[3]-[4]-[5]. There is now forming the bullish zigzag [A]--[C], where sub-waves [A]- have completed, and the [C] impulse is yet unfolding. Correction (4) should have finished within the [C} impulse. So, the price should be rising in wave (5) to a level of 418.00. At this level, the size of the corrective wave B will be 61.8% of the A impulse, according to Fibonacci retracements.

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 24.09.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each

The BTCUSD is forming the down zigzag A-B-C. The price is declining in the A impulse currently ongoing. One could consider sell positions in the current situation.


Elliott wave Bitcoin analysis

The Bitcoin market continues forming the down corrective wave B as a double zigzag [W]-[X]-[Y]. There is now unfolding the bear wave [Y]. It is a simple zigzag (A)-(B)-(C). The impulse wave (A) should complete at a level of around 9500. Next, the price could be corrected up in the upward correction (B). After that, the (C) impulse can draw the price towards level 8000. I recommend entering short positions in the current situation.

Trading plan for BTCUSD today:
Sell 10299.00, TP 9500.00

Elliott wave Ripple analysis

The current XRPUSD structure is forming the downtrend. There is now developing the double zigzag (W)-(X)-(Y). Wave (W) is a simple zigzag; wave (X) is a triple zigzag. The price is now declining in the bear zigzag A-B-C. Presumably, the impulse wave A will finish at a level of 0.209. Next, the market is to be corrected up in wave B, as it is outlined in the chart.

Trading plan for XRPUSD today
Sell 0.221, TP 0.209

Elliott wave Ethereum analysis

After the upward wave (Y) finished, there has started a new downtrend. There is forming the simple down zigzag A-B-C, where A is a five-wave impulse, and the B wave is a triple zigzag. After the corrective wave B completed, there finished sub-waves [1] and [2]. There is now developing the impulse wave [3] that is composed of the sub-waves (1)-(2)-(3)-(4)-(5). The price should continue declining to a level of 300.00, where wave (5) of [3] should end.

Trading plan ETHUSDtoday
Sell 323.78, TP 300.00
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.09.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

All cryptocurrency pairs should conclude corrective waves in the near future. Next, there should start downtrends. One could yet enter long trades until the downtrend starts.

Elliott wave Bitcoin analysis


The BTCUSD market continues forming a large down corrective wave B as a double zigzag [W]-[X]-[Y]. The final wave [Y] is currently unfolding. It is likely to conclude as a simple zigzag (A)-(B)-(C). The final impulse c of (B) should end at a level of 11058. Next, the market should go down in the impulse wave (C) that may conclude the double zigzag currently unfolding.
Trading plan for BTCUSD today:
Buy 10874.00, TP 11058.00

Elliott wave Ripple analysis


There is forming the downtrend that has started after the bullish linking wave [X] completed. The new trend must be unfolding as a double zigzag (W)-(X)-(Y). The first two elements of this double combination have completed, and there is unfolding the final wave [Y] that is composed of three main sub-waves A-B-C. The B correction could end at a level of 0.250. Next, the market should turn down and start declining, as it is outlined in the chart.
Trading plan for XRPUSD today
Buy 0.244, TP 0.250

Elliott wave Ethereum analysis


There is also developing the downtrend. After the upward wave (Y) completed, there has started forming a new zigzag A-B-C. The impulse wave A and the triple zigzag B seem complete. The market is now declining in the new downtrend. Most likely, the corrective price movement in the sub wave [2] should end at a level of around 367.31. Next, the price should turn down and decline.

Trading plan ETHUSD today
Buy 357.27, TP 367.31

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 29.09.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

Bitcoin, Ethereum, and Ripple must have completed corrective waves and started new downtrends. We shall monitor the cryptocurrency market.

Elliott wave Bitcoin analysis

The BTCUSD market is forming the down corrective wave B that started in August 2020. The B correction is likely to complete as a double zigzag [W]-[X]-[Y], where the sub-waves [W] and [X] have completed, the market is now going down in the final zigzag-shaped wave [Y]. The corrective wave (B) of [Y] must have finished, and the impulse wave (C) is now unfolding. The market should be declining to a level below the previous low made by wave (A).

Trading plan for BTCUSD today:
Sell 10692.00, TP 10107.00

Elliott wave Ripple analysis

The XRPUSD market continues declining in the corrective wave [Z] that is likely to finish as a double down zigzag. The sub-waves (W) and (X) have completed. Wave (W) is a simple zigzag, wave (X) is a triple zigzag. There is now unfolding a new bear zigzag, with the bullish correction B completed inside. The Ripple price should soon start declining to a level below the previous low made by wave A.

Trading plan for XRPUSD today
Sell 0.241, TP 0.218

Elliott wave Ethereum analysis

The market is now moving in the downward zigzag A-B-C. The impulse wave A has completed, and the corrective wave B has finished as a triple zigzag. The market is now following the beginning of the new bear impulse, with impulse [1] and correction [2] completed within. The market could be declining to a level below the previous low made by wave A, which is below level 311.21.

Trading plan ETHUSD today
Sell 352.35, TP 311.21
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.09.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

Bitcoin has started forming the final impulse wave within a zigzag of a greater degree currently unfolding. Therefore, the price should be declining, and one could enter sell trades.

Elliott wave Bitcoin analysis


The BTCUSD is forming the upward zigzag A-B-C. The impulse wave A has completed. The price is now declining in the corrective wave B. The B correction must be unfolding as a double zigzag [W]-[X]-[Y]. The first two parts of this pattern have completed, and the market is running down in wave [Y] that is composed of three sub-waves (A)-(B)-(C). After the bullish corrective wave (B) finished, the bear impulse (C) has been forming. In the near future, the cryptocurrency pair should continue declining to a level below 10107, which is the previous low.

Trading plan for BTCUSD today:
Sell 10789.00, TP 10107.00

Elliott wave Ripple analysis

The Ripple price is forming the descending double zigzag (W)-(X)-(Y). Wave (W) is a simple bear zigzag. The linking wave (X) is a triple combination of zigzags. Wave (Y) has just started forming and could complete as a standard zigzag, like the (W) wave. The impulse wave A and the corrective wave B have completed. The price should be declining to a level below the previous low made by the A wave, level 0.218.

Trading plan for XRPUSD today

Sell 0.240, TP 0.218

Elliott wave Ethereum analysis

The ETHUSD is currently forming the down simple zigzag A-B-C, which started in early September. The bear impulse wave A has finished, and the bullish correction B has completed as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. There is now forming the beginning of the new bear impulse. The first two legs, impulse [1] and a zigzag-shaped correction [2] have finished. In the next few days, the Ethereum price should be moving down in the new down wave to a level below the previous low.

Trading plan ETHUSD today

Sell 355.88, TP 311.21
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 05.10.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

All cryptocurrency pairs analyzed in the article are forming the corrective sub-waves. The Bitcoin price is to be rising in the impulse wave C to a level of 11315, as the impulse is half-complete as of now.


Elliott wave Bitcoin analysis

The BTCUSD market is forming the upward linking wave [X] as a double zigzag (W)-(X)-(Y). The sub-waves (W) and (X) have completed, the (Y) wave is yet unfolding, it is about to end soon. The impulse wave A and the B correction have completed. The price should be rising in the impulse wave C towards a level of 11315. One could enter long positions with a target to take profit at the end of the entire linking wave [X].

Trading plan for BTCUSD today:
Buy 10669.87, TP 11315.00

Elliott wave Ripple analysis

The XRPUSD market is forming the simple down zigzag A-B-C. The impulse wave composed of five sub-waves [1]-[2]-[3]-[4]-[5] has completed. There is now developing the bullish correction B as a zigzag [a]--[c]. After the down correction finished, the price has started rising in the final impulse [c]. The [c] impulse should conclude the pattern at a level of around 0.254.

Trading plan for XRPUSD today:
Buy 0.248, TP 0.254

Elliott wave Ethereum analysis

The ETHUSD market is forming a corrective wave [2] that is an element of the new downtrend unfolding as an impulse. Correction [2] is likely to complete as a standard zigzag (a)-(b)-(c). The market is now forming the final leg of this zigzag, the (c) impulse. Therefore, the price should be rising in the indicated impulse to a level of 370.00. Next, the price could turn down and start declining.

Trading plan ETHUSD today:
Buy 350.94, TP 370.00
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634

[nathmaheshmp]

Once a descending double zigzag W-X-Y formed, the pair started growing in a new impulse wave. The ascending impulse 1 was completed, as well as its corrective wave 2, formed as a bearish double zigzag [w]-[x]-[y]. An impulse wave 3 is forming now. It consists of sub-waves [1]-[2]-[3]-[4]-[5]. Four out of its 5 parts look completed, so the price is expected to rise in wave [5] to 0.250 in the nearest future. 9apps cartoon hd

[Market_analytics]

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.10.2020
I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency.

The BTCUSD market is forming the final leg of the double zigzag W-X-Y. The price could be rising in the impulse wave [c], which has just started developing. I recommend entering purchases.

Elliott wave Bitcoin analysis

The two-hour BTCUSD price chart displays the final section of the bullish impulse wave A. After the A finished, there has started the down corrective wave B. It is likely to complete as a double zigzag, composed of the sub-waves [W]-[X]-[Y]. There is now developing the linking wave [X] as a double zigzag. At the time of writing, there have completed the sub-waves (W) and (X), and the (Y) wave, composed of the sub-waves W-X-Y, is yet unfolding. The price should be rising in the final impulse wave [c] of Y to a level of 11315.

Trading plan for BTCUSD today:
Buy 10591.25, TP 11315.00

Elliott wave Ripple analysis

The XRPUSD market is forming the down zigzag A-B-C. After the down impulse A completed, the market has started rising in the corrective wave B. It is unfolding as a simple zigzag[a]--[c], where the [a] impulse and the correction have finished. The [c] wave is developing as an impulse composed of five sub-waves (1)-(2)-(3)-(4)-(5). The Ripple price should be rising in the final wave (5) towards a level of 0.266. One could enter purchases in the current situation.

Trading plan for XRPUSD today:
Buy 0.242, TP 0.266

Elliott wave Ethereum analysis

The ETHUSD market is forming the simple zigzag A-B-C. The first two parts of this zigzag look complete, the impulse wave A and the B correction that has completed as a triple zigzag. There is now forming the beginning of the C impulse. The impulse wave [2] has finished. Next, the price has started rising in the corrective wave [2]. Correction [2] is a simple zigzag (A)-(B)-(C). The impulse c of (B) should finish soon, and the price will resume growing in the impulse wave (C) to a level of 374.61.

Trading plan ETHUSD today:
Buy 335.48, TP 374.61
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634