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RE: BTC Bitcoin Technical Analysis - Both Bear and Bull Scenarios with Specific Targets

in #bitcoin7 years ago (edited)

TIMESTAMPS FOR CONTENT:

  1. Introduction: Philakones FIRST appearance (Webcam all video long) with NEW set up

  2. SOLID TA STARTS @ TIMESTAMP: 13:00 (minutes in)
    Acknowledge Multiple Break Attempts to Get Above 200
    Currently sandwitched between 55 and 200 EMA, Massive Sideways Trend (Tried to break above $6880 -6900)

  3. Bullish (or Bull Trap) Count at Timestamp: 16:25
    Need to break above 7200 with momentum and volume to turn bullish

  4. Philakone's Elliot Wave Count at Timestamp: 19:07
    Finished Elliot Wave Count: 27:12
    Overall Tone of Market: 27:35

  5. Bearish Count at Timestamp: 25:20
    Test Key Area: $6425 Then if break down free fall towards $4250

*PLEASE Stay Extremely Cautious and Stick to Stop Loss IF Entering Trade (for many this is a no trade zone)