Elliott Wave Analysis -- Long BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
267 0 1
It looks like we are about to enter the C wave(or 3) of the correction. Since C waves are impulsive in nature, this is a good point to start buying. The pair might make a small correction to the downside(Minor B wave) which can be used to buy more. Stops can be placed at 236. Target one would be 259.4 and target 2 will be 264.63.

Be happy and trade well.
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