Elliott wave Bitcoin analysis 08.12.2022

Soon correction B will continue unfolding as double three [W]-[X]-[Y]. The first two sub-waves [W]-[X] are fully completed. Now the last sub-wave [Y] is under construction. The internal structure of wave [Y] hints at the formation of a double zigzag (W)-(X)-(Y). To complete it, an actionary wave (Y) is needed. The specified wave is expected to end near the level of 18010.00. At this level, waves [W] and [Y] will be equal.

Trading plan for BTCUSD today:

Buy 16802.56,

Take profit: 18010.00.







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