Elliott wave Bitcoin analysis  15.03.2022

The BTCUSD market is forming the final motive wave Y of the (B) correction. The Y wave is unfolding as a simple zigzag [A]-[B]-[C], with impulse [A] and correction [B] completed inside. There must be forming the impulse wave [C]. The Bitcoin price should go down to a level of 32800.00, where impulse wave (3) should finish.

Trading plan for BTCUSD today:

Sell 38737.00.

Take profit: 32800.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 15.03.2022 | LiteFinance


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