Cryptocurrency Trading Forecast BTCUSD & ETHUSD

Elliott Wave Analyst - tradinglounge • Aug 18, 2021 at 5:27 AM EDT

Cryptos can turn down from here... Bitcoin and Ethereum analysis.

(Video length 00:25:10)

Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction
Cryptocurrency Trading Forecast BTCUSD & ETHUSD:
Technical Analysis Bitcoin: Upside target is 51,100
Technical Analysis Ethereum: Is now touching on its 61.8% retracement level, where it's likely to turn lower
Bitcoin Elliott Wave: Wave c) of B completed
Ethereum Elliott Wave: Wave B in place, requires confirmation
Trading Levels Bitcoin: Next resistance is 48,000
Trading Levels Ethereum: Major trading Level 3 (TL3) 3,000 resistance
Bitcoin Trading Strategy: As explained in the video, to short this market an Impulse wave lower is required

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