Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction
Cryptocurrency Trading Forecast BTCUSD & ETHUSD:
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) So expect a turn lower.
Bitcoin Elliott Wave: Wave c) of B completed or the bullish wave count (ii) of iii) of 3
Ethereum Elliott Wave:Wave Topped? Requires confirmation of an impulse wave lower
Trading Levels Bitcoin: Important Minor Level are the top of Minor Group 1 43,000 and 45,000
Trading Levels Ethereum: 3000 Major level TL3|3,000 support and Minor Group 1 above and Minor Group2 below as the first support
Bitcoin Trading Strategy: Taking profit at 3000 for Ethereum. Protect profit on Bitcoin
Peter Mathers TradingLounge
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