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Elliott wave Bitcoin analysis  03.06.2022

The BTCUSD has been moving in the initial part of the potential impulse after it completed a large corrective wave (B). So far, sub-waves 1 and 2 have finished in the potential impulse. Sub-waves of a smaller degree [1]-[2] have also completed. The Bicton price is now rising in impulse sub-wave [3] composed of sub-waves (1)-(2)-(3)-(4)-(5), with sub-wave (5) developing inside. Sub-wave [3] should finish at a level of 32691.53, where motive wave W completed.

Trading plan for BTCUSD today:

Buy 30481.00,

Take profit:  32691.53 .

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.06.2022 | LiteFinance

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