BTC Bitcoin Afternoon Update - Risk to Reward Setups, Supports, Resistances, Targets

in #bitcoin6 years ago



General Tone:
BTC finishes 5 beautiful waves and has retraced near the 0.382 region thus far. A break above $8,468 can build a rally to $8,750. A possible B could be in progress very soon, heading up to $8426 at the 0.786 range before completing C to the indicated range below.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)



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Thank you Sifu.

It's so good to have you near to compare my TA with yours ... well, my prediction: I have to spend a lot more nights to learn your stuff ... uff ... give me a break ... show me Luna, I miss her a lot.

Thanks for the analisys, some great stuff

Thank you for everything! ♥️♥️♥️

Great vids and info . Keep them coming . Cant wait for the Tutorial vids Ill be purchasing for sure .

Hi, if you want to have the old video lessons from Philakone that he decided to erase from youtube, I downloaded them from this link
https://payhip.com/b/NLhY

( Disclaimer, I don´t have anything to do with this link, I´m just an user that download the videos and it worked)

Thank you buddy :) Upvoted as usual

Thx for the updates Mama whales :)

What you have as that last ABC to complete your Y from the WXY looks more proportional to a completed A wave and not a full ABC. Adding on that breakout could be dangerous as that could just be topping out at the B wave and we have a C wave down... feedback welcome

would love to see >$30k by the end of next year, but setting my sights lower, at least for now.

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