Weekly Elliott wave cryptocurrency forecast and analysis
Forecast for BTCUSD, LTCUSD, ETHUSD, EOSUSD, XRPUSD pairs
After the upward impulse wave 3 completed, the market resumed moving down in the corrective wave 4. This correction may complete as a double zigzag [W]-[X]-[Y]. There have completed the simple zigzag [W] and the upward linking wave [X]. There is currently unfolding the final wave [y] that should be a double zigzag. Let us see the structure of this wave in more detail in the eight-hour timeframe.
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