Elliott wave Bitcoin analysis 26.10.2022

The BTCUSD market is forming a bullish standard zigzag A-B-C, with impulse A and correction B completed inside. Correction B is a double zigzag [W]-[X]-[Y]. The final impulse C is currently unfolding, with subwave [3] developing inside. Wave [3] should finish at a level of 20850.98, where it will be 161.8% of wave [1].

Trading plan for BTCUSD today:

Buy 20191.00,

Take profit: 20850.98.







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