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Bitcoin March 17 Technical Analysis Evening Update - Detailed Elliot Wave Analysis by philakonesteemit

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bitcoin · @philakonesteemit · (edited)
$14.85
Bitcoin March 17 Technical Analysis Evening Update - Detailed Elliot Wave Analysis
<center>![](https://steemitimages.com/DQmb8Nr2NDsB7FLXp75ACVqQsf8QmQURC7g8yTijNM4yiAT/image.png)</center>
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<center><h3>General Tone:
We have hit target of $7,550 and have bounced thus far nicely to the  $7,700 region. It's possible to see $7,200 still. We see a death cross (50 and 100 moving average cross over), which signals a very bearish market to come. 
If $7,200-$7,600 range is indeed support and ABC is finished, we will then attempt an impulse wave up, which can fail if any impulse wave OR ABC of the 1-5 impulse wave retraces 100% of the structure.
A break above $8,050 validates the bullish count and ABC is finished.
A break below $7,530 validates the bearish count to $7,250 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral to Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019</h3></center>

https://youtu.be/7-IEFeuCAMc

![](https://steemitimages.com/DQmTmscAM6BUJUC4MeqadExGTLzNwPDTufy1hy5BRLdAbeT/image.png)
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<center><h3>My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
Please consider purchasing me a 33 ft' yacht
if you have reached incredible success. Click Below!</h3></center>
<a href="https://steemit.com/bitcoin/@philakonesteemit/25-cryptocurrency-tutorials-35-hours-free-and-comprehensive"><img src="https://steemitimages.com/DQmXn6Wg1WdEjEmufbfgJ4rxDbSyJnqLL8dn3VR4pAV9Zgh/image.png"/></a>
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@athant · 
Thank you
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@brettlb · 
Thank you Philakone. You are making a difference and becoming a legend.
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@brettlb · 
Thanks Philakone.
👍  
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@buddhaspalm8 · 
Nice one Phila. I think it's great you take the time for your viewers and yourself to write everything down. I imagine this will highly improve not only your viewers skills but yours especially. keep up the good work.
👍  ,
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@cosminalexandru · (edited)
It's sad to see that out of 3003(currently) views on this post, there are only 162(currently) votes. How hard it is to hit that f#ck!ng  vote button.  All this knowledge for free and no consideration...really guys? HIT THAT BLOODY Button till you make a hole in the screen...That's the least we can do...
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@harnex · 
Agree, such a valuable content, people need to support him what ever the way they can.
👍  
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@cryptoaaly · 
From one teacher to another much thanks! If you ever need help with chemistry hit me up. I got you. @likeachemboss
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@cryptobtcchris · (edited)
Ok, philakonesteemit.. I follow you on twitter and have seen your YouTube channel.  Upvoting this post.  Check me out for some Cryptonews! https://steemit.com/@cryptobtcchris   Also, started following you on Steemit!  Keep up the great work!
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@cryptoredneck · 
Keep up the great work. Thank you.
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@philakonesteemit ·
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@deermonger ·
$0.04
This is one of the hardest working, most generous motherfuckers in crypto. Thank you more than you can know Philakone!
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@fieldsofgold · 
TRUTH!!!!!!!
👍  ,
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@philakonesteemit ·
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@fieldsofgold · 
Thank you and Aloha Phil!
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@hanamana · 
I really admire your charts with so much details of what you are projecting.  Good job as usual.  
I projected that BTC would continued down this weekend since that is the usual pattern, Bearish on weekends and start up again Monday and Tuesday with Retail Asians buying heavily.
👍  
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@jkenny · 
Thanks very much
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@karimcompadre · 
I like more your video than Tony V. We learn a lot from you. I made a lot loses by follow haeijin lee before . So i am verryyyy happy to find you.
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@madyn · 
Very detailed post. 3x upvoting :D
Thanks Philakone!
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@madyn · 
Some dating for Luna?
![](https://steemitimages.com/DQmdhCuqpSo5Rybbeew1UF7JyY8VCHSoq5rQork71v8iXqs/image.png)
Holla if you visit Val ...i'm in the neighbourhood
👍  
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@philakonesteemit · 
veryyyyy cute
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@marhbollw · 
Thanks a lot, Sensei!!!
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@robcordovez3 · 
Love your shit man!! Hey are you planning on doing any more risk management material?
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@samtusta · 
@philakonesteemit Tone Vays is talking about you again in his last video. He will spend about 5 hours watching your videos and if he feels inspired, he will invite you on his show :)
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@stranger27 · (edited)
Please, a couple of words about xrp, eth next time :) I understand that most people trade btc...but other top altcoins are also important. But if you have not time for that, let it be...Than's a lot for what you are doing!
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vote details (2)
@wadeko · 
Here's some words about XRP and ETH: They're super cheap and will go up a lot, so buy some now.
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@the3piecebiscuit · 
you ARE helping people in EXTREME ways!! Ty Philakone
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