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Elliott wave Bitcoin analysis   11.03.2022 

The BTCUSD is forming the final sub-wave [Y] of the double zigzag Y. The [Y] wave is unfolding as a simple zigzag (A)-(B)-(C). Impulse (A) and correction (B) look complete. The market is declining in the final impulse wave (C) towards a level of 34288.00, the previous low marked by the [W] wave. It is relevant to sell.

Trading plan for BTCUSD today:

Sell 38639.00.

Take profit: 34288.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.03.2022 | LiteFinance


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