Bitcoin Analysis - Wednesday, May 26

(Video length 00:18:42)

  • Bitcoin  (BTC) Ethereum (ETH) Technical Analysis Elliott Wave
  • Overview: Called the low a few days ago and we are now working long trades into the impulse wave to the upside.
  • Bitcoin Elliott Wave Analysis: Wave ii) of (5) in progress
  • Trading Levels: Major Level TL3|30,000 as the current support, with the Medium Level ML4|40,000 as the next resistance. Expect to see a Classic TradingLevels pattern across this level


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 ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.