Bitcoin (BTC) and Ethereum (ETH) Technical Analysis for Wednesday, April 28

Elliott Wave Analyst - tradinglounge • Apr 28, 2021 at 1:30 AM EDT

Trading Levels: Resistance Medium Level ML65|65,000 with second resistance at 60,000 the 61.8% and with support at the Major level TL5|50,000.

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

Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k
Bitcoin Elliott Wave Analysis: Wave c) of B towards the 56000 - 56500 zone
Trading Levels: Resistance Medium Level ML65|65,000 with second resistance at 60,000 the 61.8% and with support at the Major level TL5|50,000
Bitcoin Trading Strategy: Four long positions all in profit and protected by a trailing stop loss

Video length 00:18:47

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