Bitcoin BTC - Feb 16 Technical Analysis - Part 1 Update - Resistances, Supports
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmfGz8fVj7tiuYDFdZKpUQaH2EGfDFiQjZR4PTrWrGTaU3/image.png)
General tone:
Cannot break critical resistance between $10,000 to $10,500
Support range 1 - $9,500 - $9,750
Support range 2 - $8,740 - $9,074
Seeing bearish signs of correction soon.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral to Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Long Term Target Prediction - Primary Wave 5, $50,000+ by 2020
My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
Please consider purchasing me a 33 ft' yacht
if you have reached incredible success
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Lesson 19 - Elliot Wave Theory, Fibonnaci Retracement & Extension (Combined with Feb 11 BTC TA)
Lesson 20 - Advanced Elliot Wave WXY With Feb 11 Technical Analysis
Lesson 21 - Using Elliot Wave, Fibonacci, And Extensions To Obtain Targets (Combined witFeb 11 BTC TA)
Lesson 22 - Risk Management, Channels, Fib Retracement, Fib Extension. Summarizing Feb 11 BTC
Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1
If I've helped you, consider buying Luna and myself a beer
BTC: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
NEO: AaZu8fiiMW3vnizUaSkRj6JoobswkeCKPQ
EOS: 0x2538b728f9682fc1dc2e7db8129730f661753850
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 4110054236
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.
If I've helped you, consider buying Luna and myself a beer
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.
Phil. Open a Kraken account and set give your XRP address from there because Bitfinex may take your coins and never put them into your wallet. I deposited 1000 XRP and I had to hunt them for 2 weeks to get my money in. and that is just outright stilling from people. specially if you don't know who sent you what. you know how broke I am right now because they took my coins at a very low price in liquidation by bug error but I am sending you 1.2 XRP form address rLTiKXWgiBTGowH4JwAYM9nXoSi7Qd1zCb no Tag so you can track and see if you get it in. Thank you so much man Transaction #5CE9F879E2B3F5BAD6D986C09A9D33FD5ADCBBD2D722BDA6914DBB08A6844D3C
Just finished 'Lesson 13 - Introduction To Elliot Wave Theory' and going through this now! Phil you have done amazing job on these tutorials!
Guys this $1 donation idea is so great actually.
I used my $1 donation and promoted this video here. Lol
BAM! thank you so much :) LOL
Oh biggest thank you goes to you!!
Great video and lots of things to learn..
You always do songs and poems .. Following is for you, it's my first poem to impress mama whale :) and to celebrate 100K subscribers.
Phil our dear phil
you are the cryto star
You are the super star
You are a happy trader
You rock the cryto world
Your lessons are elegant
You are unique
you are funny and spirited
you are so spunky and changing lives
You are so Angelic, what baby whales and penguis do without you
Love you Phil Keep rocking:)
LOVEEEE YOUUUUU
BAAAAMMMM Love You too :>
Great work.
<3
Really Appreciate Your time and valuable lessons.. Up-voted all the posts.
Endless gratitude 🙏🏿 you’re just an amazing person and professional ! I’m observing your passion for what you do for long time and it’s inspiring 😊
i'm glad it's helping <3
Thanks for the update, been learning lots from you. Hope you feel better!
Very motivational !! Loving it!!!!!
this correction happened over the last month, and you taught me a lot of things. Thanks for charting this detailed analysis. These are exactly what i would love to learn instead of buy sell signals. Those usually lead instant happiness or major disasters.
but again i also like how u update us on LTC these days. Great things to learn and see if my trading instincts are getting better. Always a supporter
I'll be sure to keep you updated!
A Dell... you killed me! I can't believe I actually did laugh at that joke...
it would be a great song
LOLOLOL