Elliott wave Bitcoin analysis 10.03.2022

The motive wave Y continues forming as a double zigzag [W]-[X]-[Y]. There is developing the final sub-wave [Y] as a simple zigzag. Impulse (A) and upward correction (B) must have completed, and the final impulse wave (C) is developing. The Bitcoin price could go down to level 34288.00, where the motive wave [W] completed.

Trading plan for BTCUSD today:

Sell 39910.50.

Take profit: 34288.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.03.2022 | LiteFinance

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