Bitcoin BTC Feb 22 Detailed Technical Analysis - Morning Update - Channel Finally Breaks

in #bitcoin7 years ago (edited)


General Tone: Channel breaks. 5 official elliot wave counts are done
We will be correcting for days to a week.
Targets ranges are specified below
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Next few days) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019

Here is a chart I posted much earlier before the downtrend. Please understand the logic behind it and why it happened.

Current chart



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You have taught me so much that I have actually raised cash and am waiting for the drop.

Just wanted to say thankyou for ALL your help and work. I really loved your video showing the games in the margin trading too. That is hard for me to really understand. If you ever get more time, can you please teach that a little more?

In general, you're teaching me to fish (you and Haejin both). I don't trade just what you say, but it helps me when I see my TA is is getting better and better.

I don't mind if the market goes against what you say. I in no way hold you responsible. How on earth could anybody? You put out so many alternative potential views....and that's the point...that you help teach us how to see the charts and think things through & spot key points where we go plan A, B, C or D.

So, thank you. You are truly awesome and I am grateful for what you are doing.

I have USDT ready to buy the dip :)

Have an upvote!

As usual good stuff!!!

Just recently found your channel, was looking for some tutorials on Fibonacci because I trade forex.

How lucky am I, lol

Gonna resteem this post as a thank you.

lots of good material. hope it adds insight to your trading.

I am in your hands, master 🙏🏽.

You are THE master

Thanks so much for the awesome TA!!! I wasn't shorting till discovering your videos.... so much easier shorting BTC than going long. Not sure if you saw my tweet but I sent you some LTC like an hour ago as a thank you!!!

Thank you very much. I saw that. That was incredibly kind of you and will be put to good use for my dog. Shorting is a beautiful thing. Hope you played safe :) Keep in touch. I gotta crash. 24 hour trading marathon is exhausting.

Last night, I helped my 69 years old mom register to binance and coinbase because she wanted to start trading cryptos. I told her to register a steemit account so she could follow you and buy the dip. What a machine!!!

Just like you, I'm a vampire.

Finally Steemit verified my account so I can start showing some appreciation for all your hard work!
You videos are really helpfull and you are a true asset for the comunity. For me all this TA is also like a video game (NES & SNES) ;)
Oh and never let negative people ruin your ever so happy mood!
Now I'm off for the next hour to start upvoting every one of your previous posts!

thanks for helping the community!

Great chart! Thank you for your sharing!

Great analysis!