Bitcoin BTC Feb 20 Technical Analysis Afternoon Update
General Tone: Bullish, though we will reach a top within 1-2 days at most
Wave 5 is almost done. Here is a general thought (not prediction), that an ending 5th wave diagonal
could be in play
If we break above $11,750, next resistance is $12,250
If we break $12,250, we could see a surge to $13,500.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - $35,000+ by 2019
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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.
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If wave five is ending - we should expect a retracement for the full 12345 structure shouldn't we?? Your short term target is bullish but from everything I've learned from you (thank you by the way) I need to measure retracementfrom 1->5!. I would love your (or your experienced followers input) as I see no one talking about this.....
The more I know about TA, The more I'm scared of trading ^^
Indeed, the more you know, the more you realize what you don’t know. Still, I’m eager to learn from my mistakes.?
If you ever come to London I will def take you out for beer lunch whatever you want even before I have made any money!!!
will definitely do!
How are you today?
tired my dear :) how are you?
I’m doing well. Doing too much, but not without energy. I send you a comment, that energy is also a currency. You should treat it like that, trade it like that and play it like a day trader. You can give it, and receive more back, but sometimes you give it and it goes into a bottomless pit and people will rob you from your energy.
Agreed! And very well said...I really hope you don’t allow the negative, ungrateful and disrespectful followers rob you Philakone. The education your providing is priceless. Thank you for all you do for your community. Looking forward to a great 2018 and year end Yacht party...woohoo!!!
This is exactly what i need! Thanks again
I really love passion you put in your work!
You’re a star!
Looking to research further into Elliot Wave and I know you've said this before but I was too new to listen. Can you re-provide your recommended books that have helped you? It's like you said in your earlier ETH video that losing is the best tool. I've honestly done a little bit of that learning but continue to get better daily with my own charts. I can't get enough of your analysis.
Look at bis tweets from today
Waw! Amazing content :) Very important to know how to think and how to analyze. Thank you so much
Merci beaucoup mon chéri!
Hmm, nice one