Bitcoin and Ethereum have both created corrective rallies up off their lows, these corrective pattern can either continue to grow upwards or simply collapse.
(Video length 00:17:28)
Bitcoin and Ethereum Technical Analysis Elliott Wave
Crypto Overview: Bitcoin and Ethereum have both created corrective rallies up off their lows, these corrective patterns can either continue to grow upwards or simply collapse.
Bitcoin Elliott Wave: tracking two counts
Trading Levels: Bitcoin slips lower through all the important trading levels, first, failing to develop support on 35,000 and now moving lower through Minor Group1 33|32|31K
Fibonacci: Bitcoin support is the 32000 which is the 61.8% retracement level as the support
Bitcoin Trading Strategy: Neutral until midweek
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