General Tone:
Resistance $7,523 and $7,750 Broken. We hit trend line resistance established from far back.
above the 55 EMA, to signal a rally the following day.
A break above $11,200, sets us up for a rally to $11,788 in the short term.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Here is an elliot wave count.
Earlier I posted this:
we break the trend line channel resistance with easy
![]
Will provide more information soon. I see two EW counts.
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This could be a very viable count and is my main one. Alternate is below
My Comprehensive List of Tutorials
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watched it ... sooper funny :) thx for all the good info!
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"We are just a speck in this cosmos of correction" Philakone.. haha
Way to keep it consistent love the knowledge.. god bless
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Thanks for answering my question on the stream. It was much appreciated as always. Keep up the good work dude!!
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my pleasure and thank you.
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upvote that shit
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Begone, walruses! Upvoted!
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Your consistently high quality updates are always appreciated, Phil!
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Why do you think Bitconnect didn't go in an uptrend like all the alts did with BTC?
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Hi Phil. Thanks again! Just a reminder, if you double clic the price labels on the graph, it will automatically auto scale. It will save you so much time from now on!! :)
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