Elliott wave Bitcoin analysis 31.03.2022 

The hourly BTCUSD chart displays the motive wave [Y] unfolding as a double zigzag (W)-(X)-(Y). Wave (W) is a simple zigzag, wave (X) is a double zigzag, and the final motive wave (Y) is still developing as a triple zigzag, which should be concluded by the Z wave at a level of 51226.00.

Trading plan for BTCUSD today:

Buy 47495.50,

Take profit: 51226.00.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.03.2022 | LiteFinance

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