The BTCUSD market is forming a descending simple zigzag [A]-[B]-[C], with the first sub-wave [A] completed inside. There is developing the upward corrective wave [B] as a simple zigzag (A)-(B)-(C). Wave (A) has completed as a leading diagonal. The corrective wave (B) could have also completed as a simple zigzag A-B-C. The Bitcoin price should be rising to a level of 55050.00, where wave [B] will retrace the [A] wave by 50%.
Trading plan for BTCUSD today:
Buy 48247.50,
TP 55050.00.
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