Bitcoin BTC - Feb 16 Evening Update - Reaching Key Points, Critical Resistances, Targets, Supports
![](https://steemitimages.com/DQmUVqzEBJu3EAmRRGoguRgtAcjss6QNqL5X32Yy5Qd53Ep/image.png)
General tone:
If we break $10,500 there's a strong chance to target $10,750 to $11,200
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bullish
Short Term Bias (Today+Tomorrow) - Bullish, then bearish after targets hit.
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
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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
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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.
Very good stuff . Thanks for the info
@philakonecrypto: I need to ask reading you being bullish: Are you convinced the bottom is in? I know you saw another low to be likely for quite some time. Probably I missed something here (sorry).
By the way again thank you for your support and the very interesting material you are producing. I am learning a lot from you!
Uh huh, huh, uh, huh, Beavis did he just say candledick?
lol
really thank you for this kind of videos, I have little knowledge on the subject but I like to learn a lot and you make it possible
very happy to help!
HELLO BEAUTIFUL YOU! YES UGLIEST WAVES! You may like to watch TradeDevil’s last video. He states bullish counts are getting difficult and bearish is still also countable to suggest big correction to under $5,000. I guess if you ask your followers how many are actually day-trading, would be surprised there are not many as TA is difficult and your expertise level is so high. Many are ecstatic with your amazingness and others are trying really trying to follow you hoping they’ll eventually grasp this…
Yet, like it or not many have followed you since you joined the predictors circle of the 4 top BTC analysts in Steemit and after displaying un unparalleled accuracy, stated several times BTC would have BIG CORRECTION TARGET to $4,800-5,200 revised in Feb 15 to $5,200-$5,600 and later abandoned subject.
We understand as day traded this is out you comfort zone. But we would appreciate it and love you even more if you do an in-depth re-evaluation of this possibility: in recent Tone Vay’s video he answered that Yes, big corrections like bubble bursts have always had 2 big ones, one after the other, so it was still possible. He added that some are considering the Nov 2015 big dip from $7,500 to $5,500 was the other leg. But wouldn't that seem strange?
So, you can opt not to try longer prediction again or see this as gold opportunity to take the challenge to study and further expand your skills, plus continue building the big community you aspire to. PLEASE DO IT FOR YOU AND ALL OF US!
Upvote first before watching it haha
Great post. Upvoted and resteemed as usual.
Do you think dropping down to 4000-6500 is now most likely off the table?
Thanks man!
thank you for the quick update phil! im always trying to count the waves and predict as well. but i definitely see it more bullish short term now