Duration 20:37

Bitcoin Technical Analysis Elliott Wave

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Published 28 Jun 2021

Bitcoin and Ethereum Technical Analysis Elliott Wave Crypto Overview:Bitcoin is in a stronger position than Ethereum as we can see in the ETHBTC chart, also using On Chain Analytics we can see Whales are increasingly buying Bitcoin, while retailers get shaken out of their Bitcoin. Bitcoin Elliott Wave Analysis: Tracking different counts Trading Levels: 35000 followed by 36,500 are the important levels of support for Bitcoin long traders.Major level TL2|2,000 as tested support for Ethereum using a Classic TradingLevel Pattern Bitcoin Trading Strategy: We are currently long, however the safe long trade would be the 35,000 as the tested support with a classic tradinglevels pattern for the trade set up Peter Mathers TradingLounge On the TradingLounge website we cover these cryptocurrencies Portfolio 1 ETH BNB XRP ADA DOT Portfolio 2 DOGE LINK UNISWAP VET TRON THETA XMR NEO AAVE Looking to Refine Your Trading and Technical Analysis Skills? SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/ #bitcoin #crypto #digitalcurrency ========================= Connect with Tradinglounge: Visit Tradinglounge Website: https://www.tradinglounge.com/ Follow Tradinglounge on TWITTER: https://twitter.com/tradinglounge Follow Tradinglounge on LINKEDIN: https://www.linkedin.com/company/tradinglounge/ Like Tradinglounge on FACEBOOK: https://www.facebook.com/tradinglounge/ ========================= Risk Disclaimer As with any trading or investing opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser. TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading losses or profits

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