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Elliott Wave Analysis TradingLounge Daily Chart, 5 March 24,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: wave (III)

Wave Cancel invalid level: 31046.25

Details: The five-wave increase in wave (III) may be complete Watch out for Corrective

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:

Bitcoin's rise continues higher from the rise of the third wave. This is likely to break the all-time high of 68997.75, but in the final stretch of the rally, we still lack movement. Two more times to complete the large Impulse structure, watch out for corrections.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source : Tradinglounge.com

Elliott Wave Analysis TradingLounge 4Hr Chart, 5 March 24,

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: wave (III)

Wave Cancel invalid level: 31046.25

Details: The five-wave increase in wave (III) may be complete Watch out for Corrective

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:

Bitcoin's rise continues higher from the rise of the third wave. This is likely to break the all-time high of 68997.75, but in the final stretch of the rally, we still lack movement. Two more times to complete the large Impulse structure, watch out for corrections.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

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