Elliott wave Bitcoin analysis 26.01.2023

The price continues to rise. Now the final fifth sub-wave of the bullish impulse wave [5] is being formed. It will contribute to the completion of the major impulse C at 24040.00. At this level, wave [5] will be 76.4% of the impulse [3]. After reaching the specified level, expect a fall in the linking wave (X). In the current situation, consider opening long trades placing take profit when the impulse [5] ends.

Trading plan for BTCUSD today:

Buy 23134.45,

Take profit: 24040.00.

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