Elliott wave Bitcoin analysis 22.09.2022

The BTCUSD market is forming the upward motive wave [Y] as a standard zigzag (A)-(B)-(C). The first two sub-waves (A) and (B) have completed as an impulse and a zigzag. The price should be rising in the upward wave (C), unfolding as an impulse 1-2-3-4-5. Impulse wave 3 of the impulse should finish at a level of 22777.00, marked by the (A) impulse.

Trading plan for BTCUSD today:

Buy 18713.50,

Take profit: 22777.00.

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