Elliott wave Bitcoin analysis 25.03.2022

The BTCUSD is forming the horizontal contracting triangle [A]-[B]-[C]-[D]-[E], with the upward wave [C] unfolding inside as a double zigzag (W)-(X)-(Y). The price could be rising to a level of 45280.00, the high marked by the motive wave (W). After the indicated level is reached, the market will be falling in sub-wave [D]. In the current situation, one could enter buy trades.

Trading plan for BTCUSD today:

Buy 44097.00.

Take profit: 45280.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.03.2022 | LiteFinance — 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*.

Previous slide

Next slide

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.

Related to Read

TD Ameritrade

Stash

Schwab Mobile

MetaTrader 5

Investing.com

Steel

Corn

Iron Ore

Soybeans

Coffee

Climate Change and Resource Scarcity

Demographic and Social Change

The Shift in Global Wealth

Rapid Urbanisation

Technological Advancement

All contents on this site is for informational purposes only from third party sites and does not constitute financial advice. References to products, offers, and rates from third party sites often change. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. The company will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, video’s, eBooks.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18.