Bitcoin & Ethereum Bullish Trend Structures
@TradingLounge:
Content Bitcoin BTC/USD and Ethereum ETH/USD SEE VIDEO HERE > https://www.youtube.com/watch?v=BAmRbIJCabY Market Summary: Bitcoin; the accumulation process under the 30K as a series of waves ones and twos are playing out higher as the distribution process. The $30,000 Major Trading Level needs to be established as the tested support in a series of tests. The 33,000 is the top of Minor Group1 and this is the next step higher towards the 61.8% retracement level at $50,000. Elliott Wave Analysis: Wave iii of (iii) of iii) of 3 Trading Strategy: Holding long from last week Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Level Up - Test the Trial Service!