Bitcoin & Ethereum Technical Analysis

The 15,800 level is an important support of Wave 4 for Bitcoin. Wait for the correction to complete as Wave 2 or 4.

  • Bitcoin Elliott Wave : Wave (c) of b) of 2 or 4
  • Trading Levels: The 15,800 is an important support of Wave 4
  • Bitcoin Trading Strategy: Wait for the correction to complete as Wave 2 or 4

Personal Note:
My personal trading strategy for Bitcoin is buying AU $1,000 each week, a dollar cost average strategy over the longer term, 
I don't have a view of selling. Therefore, I will not have any stop losses as I'm not trading Bitcoin, I have added two lots of AUD $10K so my total invested is now BTC 2.63797624 (AUD $60,000)

Length: 00:27:46

 

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