General Tone:
On the bearish side, we break below $7,260, we will most likely test $6400-$6500 range.
On the bullish side, we break above $7,620 to $7,650 range, we can average a target between 0.618 and 0.382 fib, near 0.5 fib at $8,000.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)
General Tone:
On the bearish side, we break below $7,260, we will most likely test $6400-$6500 range.
On the bullish side, we break above $7,620 to $7,650 range, we can average a target between 0.618 and 0.382 fib, near 0.5 fib at $8,000.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)
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Nice Post !
I learned from phils old free tutorials and got these same targets thanks Phil
Is there really no risk using margin funding? It looks too good to be true! What if Bitfinex got hacked? It’s not the first time.
I do admit it is very tempting to do it.
There's massive risk!
It really sucks that as a USA citizen I'm not supposed to use Bitfinex or Bitmex. The only 2 platforms that I know of where you can short Bitcoin. Not sure want to risk using the VPN or Tor browser and all that.
I’ve googled and haven’t had any luck. Aren’t there ANY platforms with the benefits of Bitfinex that US residents can use? Ugh! I was so stoked and now I’m super bummed.
What about BitShares DEX?
You can use kraken
Thank you. I'll check it out.
Whats your thoughts on GDAX?
I never used Bitfinex and somehow i dont like it..
I could use GDAX like you use Bitfenix right?
No margin or short selling with GDAX
What are your best Youtuber and info source about kryptos else than phil?
Thanks
Thank you sir! Great vid, good set ups :)
Awesome video @philakonesteemit thanks for the video the bitfinex information is pure gold dude! Enjoy R8 shopping, that will be me in the near future too...
Philakone decided to put their excellent videos private, I found a payhip page that is offering the tutorials.
Here´s the link.
https://payhip.com/b/NLhY
You are great!
Phil bruv! Keep up the good work.
Question? In your example to ad 2 zero's, first you do 0.000559 (bitfinex) and in the bank example you ad 0.0055, that's 10x more. Wich of the 2 is right? Because it change the outcome enormous.