Bitcoin Elliott Wave Analysis, 28 April
Bitcoin (BTC) Ethereum (ETH) Elliott Wave Technical Analysis
Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k
Bitcoin Elliott Wave Analysis: Wave c) of B towards the 56000 - 56500 zone
Trading Levels: Resistance Medium Level ML65|65,000 with second resistance at 60,000 the 61.8% and with support at the Major level TL5|50,000
Bitcoin Trading Strategy: Four long positions all in profit and protected by a trailing stop loss
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Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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