btc has broken to the bottom of the triangle wave and could have had a correctional wave and could be starting a new wave one for impulse wave or wave A for triangle both would be preferred rather than the outcome where this is just a retest and is still heading to the bottom
ada is looking like it could be starting wave two or just be retesting and could break to the down side what we want to see is the triangle wave start or turn into a wave one of a bullish impulse
XRP could have been in a corrective wave and not just the standard 12345 impulse because the elliott wave rules state that wave four cannot overlap wave one so that leads me to believe that this could be the start of wave one and could lead us to an uptrend on the resistance on the top or even break it
doge is looking like it is in a bigger consolidation period and if so we should look for a break of structure on the downside or upside after wave Z has finished and if it isnt in a consolidation period we could be seeing a bearish or bullish impulse wave
ethereum is looking like it could be bouncing off of the bottom resistance and could be starting a triangle wave if so we should look for a breakout of those two lines
this is a new prediction that i am doing along with the others and is looking a little bearish to me but who knows this could all flip upside down in a few hours but if my prediction follows through it could lead to a bullish reversal at the end or just continuing downward momentum. oh and the orange A and B are different possible outcomes for the a and b wave.
not much to say besides it looks like it went up and down so i am thinking this could be a head and shoulders pattern or could be the start of another triple combo elliott wave
right now we are in a time of fud (fear uncertainty and doubt) and the price could bounce off of the 2.00 dollar mark or it could just break it though it is a strong support they could all fail at some point
eth has started to do my other outcome of having a lower end of wave Z and i think once wave Z is finished it could possibly bounce off of the upport and head bullish or break the support and start a bearish impulse wave.
i have been gone for a few days because i was at a friends house sorry but anyway the btc has followed one of my outcomes for it to possibly go down to 69k-71k and have a very bullish reversal possibly up to 120k though this is in the near future and i will update this tomorrow.
so today i have found a few more possible ways for xrp some bearish some bullish but the one with the most outcomes was xrp which would mostly end around the 2.90 to 3.00 dollar mark.
i have found a few more possibilities starting bearish and ending bullish much like my btc price prediction today but i feel eth has higher chance of going up more than down.
so far i have come up with more elliot wave theory two of which are bearish then coming to a bullish reversal to over 100k possibly and one being in a reversal already but the other two look more possible
it is stile in the act of wave two and could have a final outcome of 28 cents
in the update dogecoin has completed the second wave in the elliott wave theory and its next target is around 22-21 cents and i have found a new possible outcome on wave four it is not for sure though
in this i used the elliott wave theory and the gann fan to predict where i think the price in doge will go. i also do one of these every day so make sure to check them every day :)
to find this outcome i have used the elliott wave and the gann fan to predict where doge coin could possibly go in the near future
using the elliott wave theory and the gann fan i have found a possible outcome for xrp in the future with the price floating around 3.00$