General Tone: We must finish a 5th subwave impulse with a clear break above $9,074 and hitting $9,300+
Hard Resistance - $9000-$9,074
If we do not break this critical apex, and the channel/ascending triangle fails, we'll see:
Support Range 1 : $8,300
Support Range 2: $7600-$7900
Support Range 3 - $6,000
Lower Barrier, $5,200
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Days-1 week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Long Term Target Prediction - Primary Wave 5, $50,000+ by 2020
Here is the bullish scenario:
Here is the bearish scenario:
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Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
If I've helped you, consider buying Luna and myself a beer
BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.