BTC Price Index Prediction, Chart Trading

By Alessio Barretta of TradingLounge.com

Elliott Wave Analyst - tradinglounge • Aug 16, 2021 at 4:24 AM EDT

Bitcoin trading levels: Next resistance is 48,000 followed by 50,000 however the Elliott wave count will see the market move through these levels.

(Video length 00:18:57)

Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction
Cryptocurrency Trading Forecast BTCUSD & ETHUSD:
Technical Analysis Bitcoin: Resistance 50,000 - 53,000
Technical Analysis Ethereum: Is now touching on its 61.8% retracement level, which will push through that level to 3500
Bitcoin Elliott Wave: Wave c) of B completed or the bullish wave count (ii) of iii) of 3
Ethereum Elliott Wave: Tracking two counts
Trading Levels Bitcoin: Next resistance is 48,000 followed by 50,000 however the Elliott wave count will see the market move through these levels
Trading Levels Ethereum: 3,300 is the top on Minor Group 1 and support on this level will see the market at the next level 3500
Bitcoin Trading Strategy: Short term, can trading long

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