EnglishMyanmar (Burmese)

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


Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.