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Crypto Bitcoin and Ethereum technical analysis Elliott Wave [Video]

Crypto Bitcoin and Ethereum technical analysis Elliott Wave [Video]
Peter MathersPeter MathersTradingLounge

Bitcoin and Ethereum Technical Analysis Elliott Wave Prediction.

Cryptocurrency Trading Forecast BTCUSD & ETHUSD:

Technical Analysis Bitcoin:Upside target is 51,100.

Technical Analysis Ethereum: Is now touching on its 61.8% retracement level,where it's likely to turn lower.

Bitcoin Elliott Wave: Wave c) of B completed.
Ethereum Elliott Wave:Wave B in place, requires confirmation.

Trading Levels Bitcoin: Next resistance is 48,000.
Trading Levels Ethereum: Major trading Level 3 (TL3) 3,000 resistance.

Bitcoin Trading Strategy: As explained in the video, to short this market an Impulse wave lower is required.


 

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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