General Tone:
We have hit target of $7,550 and have bounced thus far nicely to the $7,700 region. It's possible to see $7,200 still. We see a death cross (50 and 100 moving average cross over), which signals a very bearish market to come.
If $7,200-$7,600 range is indeed support and ABC is finished, we will then attempt an impulse wave up, which can fail if any impulse wave OR ABC of the 1-5 impulse wave retraces 100% of the structure.
A break above $8,050 validates the bullish count and ABC is finished.
A break below $7,530 validates the bearish count to $7,250 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral to Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
My Comprehensive List of Tutorials
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This is one of the hardest working, most generous motherfuckers in crypto. Thank you more than you can know Philakone!
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Love you baby boo <3
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TRUTH!!!!!!!
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It's sad to see that out of 3003(currently) views on this post, there are only 162(currently) votes. How hard it is to hit that f#ck!ng vote button. All this knowledge for free and no consideration...really guys? HIT THAT BLOODY Button till you make a hole in the screen...That's the least we can do...
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Agree, such a valuable content, people need to support him what ever the way they can.
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Very detailed post. 3x upvoting :D
Thanks Philakone!
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Please, a couple of words about xrp, eth next time :) I understand that most people trade btc...but other top altcoins are also important. But if you have not time for that, let it be...Than's a lot for what you are doing!
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Here's some words about XRP and ETH: They're super cheap and will go up a lot, so buy some now.
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Ok, philakonesteemit.. I follow you on twitter and have seen your YouTube channel. Upvoting this post. Check me out for some Cryptonews! https://steemit.com/@cryptobtcchris Also, started following you on Steemit! Keep up the great work!
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Thanks very much
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Nice one Phila. I think it's great you take the time for your viewers and yourself to write everything down. I imagine this will highly improve not only your viewers skills but yours especially. keep up the good work.
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Love your shit man!! Hey are you planning on doing any more risk management material?
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Thank you Philakone. You are making a difference and becoming a legend.
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Thanks Philakone.
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Thanks a lot, Sensei!!!
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Some dating for Luna?
Holla if you visit Val ...i'm in the neighbourhood
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veryyyyy cute
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I really admire your charts with so much details of what you are projecting. Good job as usual.
I projected that BTC would continued down this weekend since that is the usual pattern, Bearish on weekends and start up again Monday and Tuesday with Retail Asians buying heavily.
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you ARE helping people in EXTREME ways!! Ty Philakone
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Keep up the great work. Thank you.
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thank you kindly.
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From one teacher to another much thanks! If you ever need help with chemistry hit me up. I got you. @likeachemboss
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Thank you and Aloha Phil!
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I like more your video than Tony V. We learn a lot from you. I made a lot loses by follow haeijin lee before . So i am verryyyy happy to find you.
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Thank you
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@philakonesteemit Tone Vays is talking about you again in his last video. He will spend about 5 hours watching your videos and if he feels inspired, he will invite you on his show :)
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