Bitcoin Elliott Wave: Wave (iii) of iii) of 1 of (3)
Trading Levels: Major Level 13,000 as the tested support is the next step in a higher trend that needs to be confirmed
Bitcoin Trading Strategy: Long at 10,800, 10,900, 11,000, 11,500 (Option to take % profit at 13,000 a Major Level)
Video length 00:23:37
Please Note:
My Personal trading Strategy for Bitcoin is buying AU $1,000 each week, a dollar-cost average strategy over the long term years, 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 as to date AUD $5000
Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...
Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.
