The Bitcoin should be forming the beginning of a double zigzag. The current chart displays the down wave W that seems to have completed as a zigzag composed of three major sub-waves [A]-[B]-[C]. If the final impulse wave [C] has really finished, the rise in the price chart may indicate the beginning of the new upwave. Therefore, the Bitcoin price should be rising to a level above 39320.00. One could enter purchases in the current situation.
Trading plan for BTCUSD today:
Buy 35864.50.
Take profit: 39320.00.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
