Wave analysis of major cryptocurrencies for 24.06.2019
Medium-term forecast for BTCUSD, ETHUSD, LTCUSD, EOSUSD, XRPUSD
Wave analysis for BTCUSD
The price continues flying up, getting closer to the critical level in this scenario, the level of 11,716. There is currently forming an ascending corrective link [X] that can be fully complete soon. Let us study the structure if the last section in more detail on the H4 timeframe.
It is presumed that the [X] wave is a plain upward zigzag A-B-C, whose final part is currently forming. The price is highly likely to continue growing towards level 11801 during this trading week.