Weekly Elliott wave cryptocurrency forecast and analysis

Elliott wave forecast for BTCUSD, LTCUSD, ETHUSD, EOSUSD, XRPUSD

Elliott wave BTCUSD analysis



Over the past year and a half, there has been forming a global corrective down wave 4 that is developing as a double zigzag [W]-[X]-[Y]. There is currently developing the final part of this wave, wave [Y]. Let us study its structure in more detail in the H8 timeframe.



The sub-waves (W) and (X) should be completed in the downward zigzag [Y]. There is currently forming a descending zigzag (Y), with the impulse wave (A) completed within. After wave A finished, there has started an upward corrective wave B....Read full author’s opinion and review in blog of #LiteForex http://amp.gs/qUOd