Elliott Wave: Bitcoin and Ethereum technical analysis [Video]

Crypto Overview: BTCUSD and ETHUSD Lows in place and trending higher.
Technical Analysis Bitcoin: 35k is the next level of support required for further upside.
Technical Analysis Ethereum:  The 2000 (TL2) now supports for higher prices.

Bitcoin Elliott Wave: Wave i of (iii).
Ethereum Elliott Wave: Wave i of (iii).

Trading Levels Bitcoin: 30,000 is Major level 3 (TL3|30,000) The Next levels are Minor Levels 35,000 and 38,000.
Trading Levels Ethereum: 2000 Major level TL2|2,000 support. Next evels 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: Trend traders should be long and Hodlers buy more.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.