General Tone:
Resistance $7,523 and $7,750 Broken. We hit trend line resistance established from far back.
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.
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.
Earlier I posted this:
we break the trend line channel resistance with easy
![]
Will provide more information soon. I see two EW counts.
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This could be a very viable count and is my main one. Alternate is below
My Comprehensive List of Tutorials
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watched it ... sooper funny :) thx for all the good info!
"We are just a speck in this cosmos of correction" Philakone.. haha
Way to keep it consistent love the knowledge.. god bless
Thanks for answering my question on the stream. It was much appreciated as always. Keep up the good work dude!!
my pleasure and thank you.
upvote that shit
Begone, walruses! Upvoted!
Your consistently high quality updates are always appreciated, Phil!
Why do you think Bitconnect didn't go in an uptrend like all the alts did with BTC?
Hi Phil. Thanks again! Just a reminder, if you double clic the price labels on the graph, it will automatically auto scale. It will save you so much time from now on!! :)