Elliott wave Bitcoin analysis 28.03.2023

The scenario in which the correction (4) is a triangle did not work out. This correction took the shape of a double three W-X-Y and is currently completed. Thus, the price will soon increase within the last sub-wave (5), which will take the shape of an impulse or an ending diagonal. It is expected to end at the high of 28950.00, marked by impulse sub-wave (3).

Trading plan for BTCUSD today:

Buy 27069.37,
Take profit: 28950.00.

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