Bitcoin And Ethereum Technical Analysis For Wednesday, July 28
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Bitcoin and Ethereum Technical Analysis Elliott Wave
- Crypto Overview: BTCUSD and ETHUSD Lows in place and trending higher.
- Technical Analysis Bitcoin: The reaction from 40K is bullish corrective Wave (iv)
- Technical Analysis Ethereum: 2200 support for retracement
- Bitcoin Elliott Wave: Wave a of (iv)
- Ethereum Elliott Wave: Wave a of (iv)
- Trading Levels Bitcoin: 40,000 is a Medium Level (ML4)
- Trading Levels Ethereum: 2000 Major level TL2|2,000 support. The next levels are Minor Levels also called Minor Group 1: 2,100|2,200|2,300 the aim is to have the 2,300 top of Minor Group 1 the tested support. As this sets the target for 2,500 the Medium Level.
- Bitcoin Trading Strategy: Trend traders should be long and Hodlers buy more
Video length 00:29:46
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