Bitcoin BTC Jan 23 Afternoon Update - Bottom is Near. Supports, Resistance, Critical PointssteemCreated with Sketch.

in bitcoin •  7 years ago 

THE BOTTOM IS NEAR

We see BTC reach a critical apex point:

Though we see a series of rejection candles on the 30 min chart, with volume dying off on lower time frames.

A key break to me for confirmation is $11,700 with large volume and confirmation of a parabolic move up. Otherwise we will see support levels retested.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Let's Learn Laddering
Lesson 11 Let's Learn Time Frames

Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1

If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna!

Luna's personal bitfinex account:

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago (edited)

Could you explain more about an extended 5th wave, what it would look like and how you would know?
Thanks Phil (assuming it's your name) Love the support you rock! Hope you feel better!

Hello Philakone,
can you please do an update on EOS.
Thanks!

Thanks for your great job!

45 minute trend has been breached.

thank you very much, very informative once again. Will be looking forward to listening to your next video!

Thank you (:

Thanks for this quick update even though you're bored with BTC ta ;)