Bitcoin BTC/USD and Ethereum ETH/USD Elliott Wave Analysis
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 iii of (iii) of iii) of 3
Strategy: Holding long


Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com Level Up - Test the Trial Service!


TradingLounge covers these cryptocurrencies 4hr and daily Elliott wave charts
Portfolio 1 ETH BNB XRP ADA DOT
Portfolio 2 DOGE LINK UNISWAP VET TRON THETA XMR NEO AAVE

SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/

WATCH ALL VIDEOS FROM THE CHANNEL: https://www.youtube.com/watch?v=-ORyg6Cpeeg&list=UUcdEzmEGTEYlPoIyHBPXZ4w&index=2

READ ABOUT Cryptocurrency: https://tradinglounge.com/bitcoin-elliott-wave
READ MY BLOG ARTICLES: https://tradinglounge.com/TradingLounge-Blog


You CAN REACH ME via:
LinkedIn: https://linkedin.com/in/petermathers
Facebook: https://www.facebook.com/tradinglounge/
Twitter: https://twitter.com/tradinglounge

TradingLounge gives you a great start.
https://tradinglounge.com/ABOUT

#Bitcoin #Cryptocurrency #Price_analysis

Bitcoin is an open source peer-to-peer digital decentralized cryptocurrency distributed worldwide and BTCUSD represents the price of Bitcoin in US Dollar.

Risk Disclaimer - This is not financial advice.
The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. TradingLounge accepts no responsibility for any use that may be made of these comments and for any consequences that result.
TradingLounge™ uses a range of technical analysis tools, such as Volume Analysis, TradingLevels, Elliott Wave, software, and 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
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 considering your own objectives, financial situation or needs.
Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products such as Indices, stocks & shares, Forex, CFDs, Options, Spread Betting etc.
derivatives of any kind / products are appropriate for you considering your financial trading circumstances.
As with any trading or investing opportunity there is a risk of making losses especially in day trading. Trading Lounge takes no responsibility for your profits or losses.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently riskier than others. At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser.

Derivatives such as Futures, Options, Contracts for Difference (CFDs) & Spread Betting etc.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

#bitcoin #BTC #bitcoin2023 #ethereum #crypto #cryptocurrencies #elliottwave #technicalanalysis #bitcointechnicalanalysis
#bitcoinelliottwave #bitcointradingstrategy #bitcoinprediction #buyingbitcoin #bitcointodayprice #bitcointoday #bitcoinnews
#bitcoinindex #bitcoinpriceforecast #bitcoinlive #bitcoinpriceanalysis #bitcoinnewstoday #bitcoinexplained #cryptocurrency

Produced by https://tradinglounge.com/