BTC Bitcoin Evening Update - Resistance is Met. Possible Bounce Above $8,000, With Target $9,100+
General Tone:
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
Here is an elliot wave count.
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For future viewers: price of bitcoin at the moment of posting is 8207.40USD
Thanks again I think I'm starting to understand this hitting my targets and my charts seem to be very close to what your getting most the time.
Thank you
Phil - really appreciate you sharing your expertise, thanks much. Would you be willing to share your recommendations re CAD exchanges?
I know you are tired and you mentioned it in your live stream but maybe you made a mistake but then you said "Target $11,065 nailed" ??
Thank you for the update and I've been upvoting all your posts. Thanks a ton!
Thanks so much Phil, highly appreciate your valuable analysis all the time. And many of are 100% on target.
The best in the game :)
ATTENTION
I think there are mistakes in the post: "Target $11,065 nailed. We must maintain support above $10,700, which is
above the 55 EMA, to signal a rally the following day.
A break above $11,200, sets us up for a rally to $11,788 in the short term."
The correct text should be: "Resistance is Met. Possible Bounce Above $8,000, With Target $9,100+"
Watch the video for fully understand.
You didn't do a Bitconnect TA? Yo man, I really need that BCC TAs. Like, my life is in BCC or something.