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Cryptocurrency Elliott Wave Theory in Action

Bitcoin Technical Analysis Elliott Wave 1 Oct 2021

Bitcoin Technical Analysis Elliott Wave 1 Oct 2021

Bitcoin Technical Analysis Elliott Wave 1 Oct 2021

Crypto Bitcoin BTCUSD Technical Analysis Elliott Wave Forecast

 

JUMP IN TO WHAT SECTION YOU WANT TO SEE:
00:00 Bearish Bitcoin count
07:11 Bullish Bitcoin count
18:57 Thank you for watching Bitcoin Elliott Wave Analysis


Overview
Bitcoin and Ethereum there is a good case for being bearish and bullish, in regards to the Elliott Wave count both markets are getting to a point of no return, meaning that is a trading session or two we will know if the crypto markets will be be bearish or bullish.

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: Its crossroads for being bearish or bullish, the video explains what to do in both cases

Trading tip: less is more, make the first position very small, get it to break even and then add another position. The first step is to half the initial risk, always think how you can do that. halving your risk doubles your improvement as a trader.

 


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Bitcoin Elliott Wave, Cryptocurrency Elliott Wave, Elliott Wave technical analysis of bitcoin, Elliott Wave,  #crypto #bitcoin #btc

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