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Bitcoin BTC Ethereum ETHUSD crypto index Technical Analysis Elliott Wave Trading 17 March

TradingLounge Support |17 Mar, 2021 | 0 Comments | Return|

Bitcoin BTC Ethereum ETHUSD crypto index Technical Analysis Elliott Wave
Trading 17 March

Bitcoin (BTCUSD) Ethereum (ETHUSD) Crypto Index Elliott Wave Analysis

Overview: Bitcoin and Ethereum tracking two Elliott wave counts.

Bitcoin Elliott Wave Analysis: Appears the Expanded Flat Correction as Wave 4 is coming into play, that is Wave v of (i) of c) of 4.
If the Expanded Flat is correct, then a move down to 40,000 (Medium Level ML4) is the target.

Trading Levels: Current support Minor Levels (mTL5) 55K and (mTL8) 58K as the resistance.

Bitcoin Trading Strategy: Waiting to confirm short trades in Wave (ii)

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Cryptocurrency Elliott Wave Blog! BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET