Bitcoin Technical Analysis - Monday, May 24

Bitcoin  (BITCOMP) Ethereum (ETH-X) Technical Analysis Elliott Wave

Overview: Ethereum has a clean wave structure around the current low, so I've matched Bitcoins pattern to the same, that is a low in place.

Bitcoin Elliott Wave Analysis: A low can be in place. Wave v) of C

Trading Levels:Major Level TL3|30,000 as the current support

Bitcoin Trading Strategy: As a holder I've bough near current lows.

 

Video Length: 00:15:06

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 ...

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

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Duanne Johnson 2 years ago Member's comment

Nice work... these days "analysis" could just as easily means "big ass guess."