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
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This is one of the hardest working, most generous motherfuckers in crypto. Thank you more than you can know Philakone!
Love you baby boo <3
TRUTH!!!!!!!
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...
Agree, such a valuable content, people need to support him what ever the way they can.
Very detailed post. 3x upvoting :D
Thanks Philakone!
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!
Here's some words about XRP and ETH: They're super cheap and will go up a lot, so buy some now.
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!
Thanks very much
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.
Love your shit man!! Hey are you planning on doing any more risk management material?
Thank you Philakone. You are making a difference and becoming a legend.
Thanks Philakone.
Thanks a lot, Sensei!!!
Some dating for Luna?
Holla if you visit Val ...i'm in the neighbourhood
veryyyyy cute
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.
you ARE helping people in EXTREME ways!! Ty Philakone
Thank you
Keep up the great work. Thank you.
thank you kindly.
From one teacher to another much thanks! If you ever need help with chemistry hit me up. I got you. @likeachemboss
Thank you and Aloha Phil!
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.
@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 :)