The BTCUSD market is forming the motive wave W as a simple zigzag [A]-[B]-[C]. The final wave [C] is unfolding as a bearish impulse (1)-(2)-(3)-(4)-(5). Wave (4) is unfolding as a triple three W-X-Y-X-Z. The Bitcoin price should go down in the impulse sub-wave [C] to a level of 28100.00, where the linking wave X should end as outlined in the chart. Next, the price should be rising in the motive wave Z.
Trading plan for BTCUSD today:
Sell 30127.00,
Take profit: 28100.00.
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