Re: Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Posted: Fri Jul 31, 2020 5:30 am
Forecast for cryptocurrencies Bitcoin, Ripple and Ethereum
Forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave analysis for BTCUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending impulse wave A is developing at the moment, with the ultimate bullish impulse [5] forming inside. A sideways corrective wave (4), which is flat a-b-c, has formed within that impulse recently. Apparently, the market is moving upwards in the first part of the ultimate wave (5) to a level of 12,200. Thus, the price is expected to rise in the nearest time.
Elliott wave analysis for XRPUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending trend is forming here too. A bullish impulse wave (С), which consists of sub-waves 1-2-3-4-5, is forming at the moment. The 5-wave impulse 6 might have formed already, so the market is expected to fall in correction 4 in the nearest time. Once it’s completed, the growth could continue in the final impulse 5 to a level of 0.281, as shown in the chart.
Elliott wave analysis for ETHUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending 5-wave impulse wave A is developing, with its four out of five parts completed. Within the final bullish impulse [5], a corrective movement ended in wave (4) formed as a double three pattern w-x-y. Then the market continued growing in wave (5). The uptrend is supposed to finish at around 360.00. Then the price may reverse and start declining.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634
Forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave analysis for BTCUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending impulse wave A is developing at the moment, with the ultimate bullish impulse [5] forming inside. A sideways corrective wave (4), which is flat a-b-c, has formed within that impulse recently. Apparently, the market is moving upwards in the first part of the ultimate wave (5) to a level of 12,200. Thus, the price is expected to rise in the nearest time.
Elliott wave analysis for XRPUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending trend is forming here too. A bullish impulse wave (С), which consists of sub-waves 1-2-3-4-5, is forming at the moment. The 5-wave impulse 6 might have formed already, so the market is expected to fall in correction 4 in the nearest time. Once it’s completed, the growth could continue in the final impulse 5 to a level of 0.281, as shown in the chart.
Elliott wave analysis for ETHUSD
LiteForex: Forecast for cryptocurrencies for today Elliott Wave analysis for Bitcoin, Ripple and Ethereum
An ascending 5-wave impulse wave A is developing, with its four out of five parts completed. Within the final bullish impulse [5], a corrective movement ended in wave (4) formed as a double three pattern w-x-y. Then the market continued growing in wave (5). The uptrend is supposed to finish at around 360.00. Then the price may reverse and start declining.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts ... &cid=79634