Bitcoin Technical Analysis - Wednesday, May 5

(Video length 00:19:34)

  • Bitcoin  (BTC) Ethereum (ETH) Technical Analysis Elliott Wave
  • Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k
  • Bitcoin Elliott Wave Analysis: Wave (iv) of i) of C of (4)
  • Trading Levels: The market is moving in Minor group1 MG1|53|52|51 of Major Level 5  TL5|50,000
  • Bitcoin Trading Strategy: Waiting for the short trade set from Wave ii)

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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