Elliott wave Bitcoin analysis 02.12.2021

The bearish zigzag (A)-(B)-(C) continues developing. After the down impulse wave (A) completed, the market has turned up and started rising in correction (B), which is unfolding as a zigzag A-B-C. Impulse A and correction B have completed within the zigzag. The C impulse has started unfolding; it could end at a level of 61215.00, where the (B) wave will retrace the (A) wave by 50%.

Trading plan for BTCUSD today:

Buy 56952.00,

TP 61215.00

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (2 December 2021) | LiteFinance

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