Bitcoin Elliott Wave Analysis - Trading Lounge

129 Views
Published
Bitcoin (BTC) Ethereum (ETH) Technical Analysis Elliott Wave

Overview: ABC as Wave (4) an Intermediate degree Elliott Wave structure down towards 40 - 45k

Bitcoin Elliott Wave Analysis: Viewing different counts, but all heading lower

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: neutral

Peter Mathers TradingLounge

Looking to Refine Your Trading and Technical Analysis Skills?
SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/

#crypto #bitcoin #btc #Ethereum

=========================

Connect with Tradinglounge:
Visit Tradinglounge Website: https://www.tradinglounge.com/
Follow Tradinglounge on TWITTER: https://twitter.com/tradinglounge
Follow Tradinglounge on LINKEDIN: https://www.linkedin.com/company/tradinglounge/
Like Tradinglounge on FACEBOOK: https://www.facebook.com/tradinglounge/


=========================

Risk Disclaimer

As with any trading or investing 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, so seek financial advice from your financial adviser.

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 and social media platforms 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.
Category
Crypto Trading
Tags
Be the first to comment