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Bitcoin's little crash: Whats next? [Video]

Bitcoin's little crash: Whats next? [Video]
Peter MathersPeter MathersTradingLounge

Bitcoin and Ethereum Technical Analysis Elliott Wave Forecast & Trading.

Bitcoin and Ethereum Technical Analysis Elliott Wave Forecast & Trading.
Overview: Bitcoin and Ethereum The drop in the last session has not destroyed the bullish Elliott wave count.
Bitcoin Technical Analysis 45,000 resistance held, the next step for the bullish case is to develop a solid support on 43000, if the 42,000 becomes the resistance then the bears have control of the market.
Trading Levels Bitcoin: mTL3|43,000 the Midpoint mTL5|45,000 and Minor Group2 46,500|47,200|48,000.
Bitcoin Trading Strategy: Build long trades on the 43,000 as the tested support with  a Classic TradingLevels pattern then on 45,000 as support.

trading tip: dollar cost average btc strategy - hodling.

Video Chapters:
00:00 Bitcoin Elliott Wave Analysis.
15:00 Ethereum Elliott Wave Analysis.
28:00 Thank you for watching Bitcoin Elliott Wave Analysis.

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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