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Re: Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Elliott wave daily forecast for Bitcoin, Ripple and Ethereum
Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave BTCUSD
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/BTCUSDH2.png?q=75&s=160dd82d5e970c22b7497e3fe4739c16]
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
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/XRPUSDH2.png?q=75&s=0e230ba5018faeab64648ca8ea6828be]
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
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/ETHUSDH2.png?q=75&s=0cb1cb060d3d3a3c2c86676643046338]
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-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-09-14/?uid=285861726&cid=79634
Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave BTCUSD
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/BTCUSDH2.png?q=75&s=160dd82d5e970c22b7497e3fe4739c16]
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
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/XRPUSDH2.png?q=75&s=0e230ba5018faeab64648ca8ea6828be]
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
[Archived image unavailable: https://cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/14-09-2020/ETHUSDH2.png?q=75&s=0cb1cb060d3d3a3c2c86676643046338]
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-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-09-14/?uid=285861726&cid=79634