Bitcoin BTC - Technical Analysis Afternoon Update - T1 $8,260 Short Term Focus

in #bitcoin7 years ago (edited)

My Day Trading Plans
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Days to A week) - Neutral
Short Term Bias (Today) - Bullish
Long Term Target Prediction - $30,000+ by 2019

We are parabolically moving up and these are quick day-trading projections based on fib extensions 1:1 and 1:1.618

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Tutorial Series

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

Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1

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.

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Thank you! signed up for steem just to show appreciation for you in this small way i can!

thanks again Phil you are a major stud!!

Following for months now and many thanks to you and Luna.
You a funny guy!

Can you please turn the volume down on the alert? It's a bit loud.

pls those alarms are way louder then you in the videos :(

outstanding pro analysis, inspires me every time! upvoting nonstop

On a 1 min chart your win/losses in % are little, I guess so your money invested should be huge, am I right ? I mean you have to at least take a 10k$ position to make 100$ in best case scenario ?
Just trying to figure out the real challenge in trading 1 min chart (plus you have to be really really reactive because some seconds can change a lot of course :-) ). A chart is a chart imo 1 min or 1 day should not change a lot of things (on 1 day chart you can see the big pattern of course :-) ).

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