Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction 4 August
Cryptocurrency Trading Forecast BTCUSD & ETHUSD: Today BTC and ETH are heading lower in an abc Elliott wave corrective pattern, that is not completed.
Technical Analysis Bitcoin: Corrective retracement around 35000 - 37000
Technical Analysis Ethereum: 2700 - 2800
Bitcoin Elliott Wave: Wave b) of B
Ethereum Elliott Wave: Wave (v) of a)
Trading Levels Bitcoin: 40,000 is a Medium Level (ML4)
Trading Levels Ethereum: 2000 Major level TL2|2,000 support. Next levels are Minor Levels
also called Minor Group 1: 2,100|2,200|2,300 the aim is to have the 2,300 top of Minor Group 1 the tested support. As this sets the target for 2,500 the Medium Level.
Bitcoin Trading Strategy: Short term traders should have taken profits on the long trades for Bitcoin
Looking to Refine Your Trading and Technical Analysis Skills?
$1 for a 20 Day Trial Membership to see for your self!
Please Note: Videos are placed out Monday, Wednesday and Friday.
Charts are posted every day for Intraday, 4 hr, daily and weekly.
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.
Bitcoin Elliott Wave, Cryptocurrency Elliott Wave, Elliott Wave technical analysis of bitcoin, Elliott Wave, #crypto #bitcoin #btc