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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.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/weekly-elliott-wave-cryptocurrency-forecast-and-analysis-2020-03-16/?uid=285861726&cid=58534