Elliott wave Bitcoin analysis 09.02.2022

The BTCUSD market is rising in the most recent chart section. After the motive wave W completed, the market has been forming the linking wave X as a double zigzag [W]-[X]-[Y]. The final wave [Y] of the zigzag is a double zigzag (W)-(X)-(Y). The market should continue forming the impulse wave C, which is an element of the motive wave (Y).

Trading plan for BTCUSD today:

Buy 43266.50.

Take profit: 46600.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 09.02.2022 | LiteFinance

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