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04Aug

Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction 4 August

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


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Bitcoin Elliott Wave, Cryptocurrency Elliott Wave, Elliott Wave technical analysis of bitcoin, Elliott Wave,  #crypto #bitcoin #btc

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