Bitcoin BTC Elliott Wave Forecast & Trading

Elliott Wave Analyst - tradinglounge • Aug 9, 2021 at 6:15 AM EDT

Bitcoin must stay above 40,000 to remain bullish (Medium Level ML4).

(Video length 00:21:03)

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)
Bitcoin Elliott Wave: Wave c) of B
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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