General Tone:
BTC breaks the channel support. A Break below $8,900 confirmed a downtrend to a support region.
BTC Finds support @ $8450. This could possibly be subwave 4 of Wave 3 completion ( See Below ).
If so, we can test $9,050-$9,200 range again.
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
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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.
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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.
Yesterday, I was thinking we are out of the Bear market but everything changed today. Bitcoin is just so unpredictable.
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Bitconnect was skipped (a joke :) ) , Thanks!
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BTC/USD should move up according to your chart.
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Thanks, Philakone!
Can we consider this scenario?
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Hi Philo, he argued this case because this structure isn't 3-3-3-3-3, you can see 5 waves from B to C so therefore he invalidated this count~
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Thanks!
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I aim to give Phil an upvote on his every post. Yes, I am a hero.
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Thanks again
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very long and useful video !
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So is this![]
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