Bitcoin BTC March 19 Evening Update - $8,600 Rejected With Bearish Engulfing CandlessteemCreated with Sketch.

in #bitcoin7 years ago (edited)


General Tone:
We see a large sell off near the resistance of $8,600, rejecting over $150 in less than 5 minutes.
Bearish engulfing candles across the board.
A break above $8,717 could signal a rally to $9,000
A break below the trend line support, could signal a sell off to support regions between
0.618 and 0.382 fib, which is $7850 to $8,150
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

We see a series of bearish engulfing candles





My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
Please consider purchasing me a 33 ft' yacht
if you have reached incredible success. Click Below!



Thanks for the love and support always! If you enjoyed this video, please like, subscribe, follow, share, and donate to Luna (my dog's) cryptocurrency piggy bank.

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

Luna's personal bitfinex account:

BTC: 3FYAk7kMXP21S2hFvr7GrANAEDwxknCjCS
NEO: ANNmGUDAoFZs52dEkckQoL1vw34sxiV4Ey
EOS: 0x4236637ec78f4a9a4627d52829a68cdc6eb292a7
Ethereum: 0x4236637ec78f4a9a4627d52829a68cdc6eb292a7
LTC: LPHXW5WGSSES6RkZ9VXQe76YdLPCUWH1Ev
Bitcoin Cash: 1MaR7nSeVTbu894Xf8gLTNK6xvKZ2hNpbx
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 2640750089

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 a financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

Sort:  

This is a tough nut to crack, how much longer will it be before bitcoin makes up it's mind on a direction?

For future viewers: price of bitcoin at the moment of posting is 8494.00USD

What's up Philly. Keep up the great content my brotha.

I made an account in here just to upvote your content. Ty, sir!

Keep liking your videos, but my like is worth less than 0.01$. Maybe my steem power would increase if i post nude pics of Whoopi Goldberg?

Thanks for your insight. I like playing these games too.

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.038
BTC 93105.17
ETH 3425.19
USDT 1.00
SBD 3.72