Wednesday, September 8, 2021 12:16 AM EDT
Crypto Bitcoin BTCUSD Technical Analysis Elliott Wave Forecast
- Bitcoin Overview: Bullish Corrective
- Bitcoin Technical Analysis Major Trading Level (TL5) 51,100 the 61.8% Fibonacci ratio
- Bitcoin Elliott Wave (c) of b) back to 49 - 50k then lower
- Trading Levels Bitcoin: Minor Group2 48000|4772|46500 keep in mind the 40,000 as the 50/62% retracement after the retest of 50K Major Level TL5
- Bitcoin Trading Strategy: Neutral
Video length 00:09:15
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Disclosure: As with any trading or investment 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 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 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 profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.
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