General Tone: Correction is in process
Clearly identified support zones below.
$9,800 is holding (for now). Though I expect it to fall to $9,500 ranges soon.
Which is also 0.382 fib level
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
A play to consider, a bounce off the channel and 0.382 fib level support.
.png)
My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
Please consider purchasing me a 33 ft' yacht
if you have reached incredible success
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Shorting, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Lesson 19 - Elliot Wave Theory, Fibonnaci Retracement & Extension (Combined with Feb 11 BTC TA)
Lesson 20 - Advanced Elliot Wave WXY With Feb 11 Technical Analysis
Lesson 21 - Using Elliot Wave, Fibonacci, And Extensions To Obtain Targets (Combined witFeb 11 BTC TA)
Lesson 22 - Risk Management, Channels, Fib Retracement, Fib Extension. Summarizing Feb 11 BTC
Lesson 23 - Fibonacci extension, Fibonacci Retracement, Elliot Wave, Shorting, Playing Downtrend - Summarizing Feb 21 BTC + ETH
Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1
If you think I've helped you tremendously, donate crypto to my dog's tequila / vodka problem.
BTC: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
NEO: AaZu8fiiMW3vnizUaSkRj6JoobswkeCKPQ
EOS: 0x2538b728f9682fc1dc2e7db8129730f661753850
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 4110054236
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
I regret that i have but one upvote to spam your blog with. You are literally changing my life.... <3
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
same here
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
same here, thanks so much Philakone! you are a great teacher, really. much appreciated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great TA....pointed out my mistake (wave 3 shortest) But hey...still learning! Reconsidered what else it can be and thought about possibility of Expanded Flat...good to see it is something you are also considering. Point is....trying to think for my self then check to see what you think afterwards.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Learning so much from your tutorials Mamma Whale! Gracias!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
my pleasure <3
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've learned so much in the few days I've been following you, it's amazing. Your such a great teacher! Please don't stop!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello Mama :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hihiiii
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks! Gonna watch it now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you. God bless you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
P.S. but I thought Perelman has proven the cup and handle thing :B
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks. I will have to watch that one too.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvoted. THAT WAS EXCITING TO SEE YOUR H&S THOUGHTS!!! I'm still a rookie but have been questioning why people keep assuming certain movements are products of H&S itself, rather than seeing H&S are a by-product of (general) EW movements, just you drew. Perhaps for non-EWtician believers that just look for patterns, I could understand. Oh well. Appreciated as always.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
your knowledge is astounding
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you're outstanding!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bro I hope no big losses
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Superb and balanced analysis as always.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow. I really expected it stay above 10k. I hear Ripple is holding a convention. While I doubt this would impact Bitcoin, I would not mind reading your thoughts. That is, are Bitcoin and Ripple at odds. Maybe another currency (besides Bitcoin Cash) that could slow Bitcoin's growth. At some point a contender has got to surface.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol good luck with that
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
PK - Your candor and diligence are freaking awesome. These are rocky seas out here. Your advice and navigational wisdom are lifelines for future growth. Thank you!! UP VOTE!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MagicPoopCannon followers are somewhere crying lol. That guy loves loves loves doing exactly what you just mentioned with H&S. Philakone for president (of trading view)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I would like to hear your thoughts about this :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are one of the smartest people. I listen to every single video, start to finish even if its 2 in the morning when I can finally get to it. I find this all extremely fascinating.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaMa whale :) lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Continually great commentary on BTC price action. Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit