Bitcoin Elliott Wave Analysis For Monday, Oct. 11

Elliott Wave Analyst - tradinglounge • Oct 10, 2021 at 9:36 PM EDT

Bitcoin & Ethereum technical analysis, Elliott Wave forecast and trading. Expecting a dip at the 55k area to test lower

Bitcoin Technical Analysis Elliott Wave Forecast & Trading
Bitcoin Technical Analysis Overview: For Bitcoin to remain bullish the 46,500 needs to remain the support.
Bitcoin Elliott Wave: (a) of ii) of 3 of (5)
Trading Levels Bitcoin:Major TradingLevel TL5| 50,000 and Minor Group 1 is 51|532|53k Mid-point 55k
Bitcoin Trading Strategy: Expecting a dip at the 55k area to test lower starting with 53k

Trading tip: In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.

Video Chapters
00:00 Bitcoin's Elliott Wave
17:48 Ethereum prediction

Video length: 00:24:00

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