Elliott wave Bitcoin analysis   22.03.2022

The BTCUSD market is forming the triangle [A]-[B]-[C]-[D]-[E]. The second corrective wave [B] has completed, and the [C] wave is currently unfolding as a bullish double zigzag (W)-(X)-(Y). There is forming the final motive wave (Y) as a double zigzag W-X-Y, which is about to end soon. The Bitcoin price should be rising in the impulse wave (C) to a level of 45280.00, marked by the motive wave (W).

Trading plan for BTCUSD today:

Buy 43191.50.

Take profit: 45280.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 22.03.2022 | LiteFinance

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