Elliott Waves on BTC and ETH hint at extended rally [Video]

Stavros Tousios Independent Analyst

$Bitcoin (BTC) has shifted higher in an impulse move and away from the low, but it's more likely an ABC correction rather than a reversal. The long-term count remains intact, with new variations on the books. Which will prevail is unknown, but which is most likely to print is in the video. Watch now!

$Ethereum (ETH) is pretty much a carbon copy with minor differences in the corrective upward leg. Its structure is more corrective, hence it is prone to more interpretation and variations. Regardless, a corrective structure is more likely than anything as part of the double zigzag. Want to know where it'd turn around?

Author

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

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