Bitcoin Elliott wave analysis – FXStreet [Video]

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Bitcoin Elliott Wave Forecast & Trading Technical Analysis

Overview: Bitcoin and Ethereum, there are good reasons to be bearish and bullish, when it comes to Elliott wave count both markets are reaching a point of no return which means that this is a trading session or two, we will know if the crypto markets are bearish or bullish. Technical Analysis Bitcoin Resistance at 45,000 held, the next step for the bullish case is to develop strong support at 43,000, if 42,000 becomes resistance, bears have control of the market. Bitcoin trading levels: mTL3 | 43,000 the Midpoint mTL5 | 45,000 and Minor Group2 46,500 | 47,200 | 48,000 Bitcoin trading strategy: Its crossroads to be bearish or bullish, the 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 halve the initial risk, always think about how you can do it. halving your risk doubles your improvement as a trader.

Video chapters

00:00 Bearish Bitcoin Account 07: 11 Bullish Bitcoin Account18: 57 Thank you for watching Bitcoin Elliott wave analysis

Peter Mathers – TradingLounge

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