Bitcoin Elliott Wave Triangle – Waiting to Drop… (Cryptocurrency:BTC-USD)

Bitcoin Cryptocurrency:BTC-USD Elliott Wave Technical Analysis and TradingLevels. Market Summary: Bitcoin is retesting supply at (30,000 Major TradingLevel TL3) as an Elliott Wave Triangle Pattern.
Crypto Market Summary: Bitcoin and Ethereum are in the later stages of an Elliott Wave Triangle pattern (e) of iv). As crypto is moving in line with technology stocks and I do compare the NASDAQ with Bitcoin, which NDX still needs to rally higher in Thursday session before moving lower late Friday or Monday which in turn Bitcoin will follow.
Bitcoin Trading Strategy: No Strategy while in the Elliott Wave Triangle.

Video Chapters:
00:00 Crypto Index
02:56 Ethereum
04:03 Bitcoin 
12:05 Thanks for watching!

 


Be the first to comment

Leave a Reply

Your email address will not be published.


*