Bitcoin Technical Analysis Elliott Wave Forecast & Trading
Bitcoin Technical Analysis Overview: For Bitcoin to remain bullish the 46,500 needs to remain the support.
Bitcoin Elliott Wave: (a) of ii) of 3 of (5)
Trading Levels Bitcoin:Major TradingLevel TL5| 50,000 and Minor Group 1 is 51|532|53k Mid-point 55k
Bitcoin Trading Strategy: Expecting a dip at the 55k area to test lower starting with 53k
Trading tip: In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.
Video Chapters
00:00 Bitcoin's Elliott Wave
17:48 Ethereum prediction
Video length: 00:24:00
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 ...
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 trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.