Elliott wave Bitcoin analysis 29.04.2022 

Bitcoin continues to form a bearish impulse after the completion of the bullish linking wave [X]. Wave [X] is a standard zigzag (A)-(B)-(C). At the moment, sub-waves (1) and (2) of the new impulse have been completed. Soon, the price is expected to fall within sub-wave (3) towards level 33818.00. At this level, wave (3) will be 123.6% of wave (1). In the current situation, I recommend entering sales.

Trading plan for BTCUSD today:

Sell 39427.50,

Take profit: 33818.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 29.04.2022 | LiteFinance

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