Bitcoin BTC Technical Analysis Elliott Wave Forecast & Trading

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3 years ago
Topics: Bitcoin (BTC)

Bitcoin Technical Analysis Elliott Wave Prediction

Cryptocurrency Trading Forecast BTCUSD

Technical Analysis Bitcoin:Must stay above 40,000 to remain bullish (Medium Level ML4)

Technical Analysis Ethereum: has reached its 50 - 618% retracement level at 3000 ( Major TradingLevel TL3)

Bitcoin Elliott Wave: Wave c) of B or the bullish wave count ii of (iii) of iii) of 3

Ethereum Elliott Wave:Wave (v) of a)

Trading Levels Bitcoin: Important Minor Level are the top of Minor Group 1 43,000 and 45,000

Trading Levels Ethereum: 2000 Major level TL2|2,000 support. Next levels are Minor Levels

also called Minor Group 1: 2,100|2,200|2,300 the aim is to have the 2,300 top of Minor Group 1 the tested support. As this sets the target for 2,500 the Medium Level.

Bitcoin Trading Strategy: Taking profit at 3000 for Ethereum. Protect profit on Bitcoin

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