Live Stream - BTC Bitcoin Technical Analysis - Two Daily Candles - Shooting Star
General Tone:
I see two paths. A break above $8,240 signals a rally to $8,600 to $8,850, which implies a 0.236 retracement was very bullish. Other scenario is we correct to roughly between $7,420 to $7,620 range first, which is a healthy correction to 0.382 to 0.5 fib extensions, and is much more so near a support level.
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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Great job Philakone
Always grateful for your insight.
I still wonder to what extent the "death cross" will affect price action over the next days. I understand no one can predict, but do you have any more ideas on how price v. death cross could play out?
Yes, I plan to address it further in the next video.
Happy new year to Mama & Luna :D
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Hi Phil, Can you make a video of what resources you have used when you learned Technical Analysis and talk about your progression as a trader? Did you take any courses? Love your content and your character!! Many thanks!
Thank you for your generous education Phil, you're really a true friend. You're so entertaining and surrounded with positive vibe. Please ignore the stupid trollers. God Bless you always.
You are the best mama whale! Thanks!