![](https://steemitimages.com/DQmb8Nr2NDsB7FLXp75ACVqQsf8QmQURC7g8yTijNM4yiAT/image.png)
![](https://steemitimages.com/0x0/https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
General Tone:
We see a large sell off near the resistance of $8,600, rejecting over $150 in less than 5 minutes.
Bearish engulfing candles across the board.
A break above $8,717 could signal a rally to $9,000
A break below the trend line support, could signal a sell off to support regions between
0.618 and 0.382 fib, which is $7850 to $8,150
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
We see a series of bearish engulfing candles
![](https://steemitimages.com/DQmPhYz2xFgUiKsaQfK2aeT4GkkM4943t5c1Qxf3uK9e9Kq/image.png)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmQxsK5vSEFth5Hz2WJAB1G5aPKhVscGMpB9NLZyMBRFNc/image.png)
![](https://steemitimages.com/DQmXSybb4zDhDfCcNgu43S5XiTcJ6TWQuJDDoFn2w2MVPTq/image.png)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmNkhfEfm6tKKdioqBtzBJczjZYuKBhG4Tt5HWBUEmEPSD/image.png)
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Thanks for the love and support always! If you enjoyed this video, please like, subscribe, follow, share, and donate to Luna (my dog's) cryptocurrency piggy bank.
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not a financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
This is a tough nut to crack, how much longer will it be before bitcoin makes up it's mind on a direction?
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What's up Philly. Keep up the great content my brotha.
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I made an account in here just to upvote your content. Ty, sir!
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me too!
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Same here))
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Keep liking your videos, but my like is worth less than 0.01$. Maybe my steem power would increase if i post nude pics of Whoopi Goldberg?
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Thanks for your insight. I like playing these games too.
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