Bitcoin And Ethereum Technical Analysis For Friday, July 30

Bitcoin and Ethereum Technical Analysis Elliott Wave

  • Crypto Overview: BTCUSD and ETHUSD Lows in place and trending higher.
  • Technical Analysis Bitcoin: The reaction from 40K is bullish corrective Wave (iv)
  • Technical Analysis Ethereum:  2200 support for retracement
  • Bitcoin Elliott Wave: Wave a of (v)
  • Ethereum Elliott Wave: Wave a of (v)
  • Trading Levels Bitcoin: 40,000 is a Medium Level (ML4)
  • 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: 00:26:35

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