Bitcoin Technical Analysis Elliott Wave

Elliott Wave Analyst - tradinglounge • Oct 20, 2020 at 3:47 AM EDT

Peter Mathers takes a look at the two possible bearish Elliott wave counts and of course, continues with his bullish counts as the Bitcoin market continues to push higher.

(Video length 00:29:42)

Bitcoin Elliott Wave: Wave iii) of 1 of (3) Trading Levels: Medium Level 11,500 as the tested support is another step towards confirming a larger bullish trend

Bitcoin Trading Strategy: Long at 10,800, 10,900, 11,000

Please Note: My Personal trading Strategy for Bitcoin is buying AU $1,000 each week, a dollar-cost average strategy over the long term I don't have a view of selling. Therefore I will not have any stop losses as I'm not trading Bitcoin, I'm just stacking. Currently holding AUD4,000 with current balance USD:2,933.

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