Bitcoin and Gold Elliott Wave Analysis - Trading Lounge

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2 years ago
Topics: Crypto Markets

Bitcoin (BTC) Ethereum (ETH) Technical Analysis Elliott Wave

Overview: Eth and btc have found support and a rally is expected

Bitcoin Elliott Wave Analysis: Wave (i) of c) of B

Trading Levels:Ethereum sitting on 2500 as support would be a long trade set up and Bitcoin on 36500 as support for the first long position adding on 37200 and the 38000

Bitcoin Trading Strategy: Look for long trade set ups

Gold XAU/USD & Silver XAG/USD Technical Analysis Elliott Wave Forecast

Overview: Above and below golds 1900 levels is the 50 - 62% retracement space, so expect gold to be in this range for a good few weeks. Silver will be the same at 28.00.
That said the Gold and silver markets remain in their bullish trends with golds target above 2000 to 2300

Elliott Wave Gold: Expect more corrective pattern above and below 1900

Gold Trading Strategy: continue to build long positions, buying dips

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