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Elliott wave Bitcoin analysis  06.04.2022

The BTCUSD market is forming the final motive wave [Y] in the large linking wave X. Wave [Y] is composed of three sub-waves (W)-(X)-(Y). The first two sub-waves have completed, and the final sub-wave (Y) is still unfolding as a triple zigzag, which will be concluded by the Z wave. Sub-wave Z should end as a double zigzag at a level of 48650.00.

Trading plan for BTCUSD today:

Buy 45334.50,

Take profit: 48650.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.04.2022 | LiteFinance



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