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 ...

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Duanne Johnson 3 weeks ago Member's comment

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