Bitcoin Technical Analysis - Monday, July 26

Elliott Wave Analyst - tradinglounge • Jul 26, 2021 at 12:10 AM EDT

Crypto Overview: BTCUSD and ETHUSD Lows in place and trending higher.

Bitcoin and Ethereum Technical Analysis Elliott Wave

Crypto Overview: BTCUSD and ETHUSD Lows in place and trending higher.
Technical Analysis Bitcoin:35k is the next level of support required for further upside
Technical Analysis Ethereum: The 2000 (TL2) now the support for higher prices

Bitcoin Elliott Wave: Wave i of (iii)
Ethereum Elliott Wave:Wave i of (iii)

Trading Levels Bitcoin: 30,000 is Major level 3 (TL3|30,000) The Next levels are Minor Levels 35,000 and 38,000
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: Trend traders should be long and Hodlers buy more.

Video length 00:24:36

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