Analyze Bitcoin Elliott Wave Forecast & Trading Technique
Overview: Bitcoin and Ethereum, there are good reasons to be bearish and bullish, when it comes to the number of Elliott waves, both markets are reaching a point of no return, which means this is a trading session or two, we will know. whether the cryptocurrency markets are bearish or bullish.
Technical Analysis Bitcoin 45,000 resistance held, the next step for bullish case is to develop strong support above 43,000, if 42,000 becomes resistance then bears control the market.
Bitcoin Trading Levels: mTL3 | 43,000 mTL5 midpoint | 45,000 and Minor Group2 46,500 | 47,200 | 48,000
Bitcoin Trading Strategy – Your Crossroads Will Be Bearish Or Bullish, Video Explains What To Do In Both Cases
Trading tip: less is more, make the first position very small, break even, then add another position. The first step is to cut your initial risk in half, always think about how you can do it. halving your risk doubles your improvement as a trader.
00:00 Bitcoin account bearish
07:11 Bitcoin account bullish
18:57 Thanks for watching Bitcoin Elliott Wave Analysis
Peter Mathers – TradingLounge