BTC Bitcoin May 19 Morning Update - Critical Points Are Reached Soon. Specific Plays, Setups, Strategy.

@philakonesteemit · 2018-05-19 11:05 · bitcoin

![](https://steemitimages.com/DQmVrkKB9WsHitkHqkPomeUeagT9U313P9vDA13PtvWJzta/image.png)

General Tone: On the Bullish side, a break above $8,500 will validate my count to a $8,900. A Break above $8,900 will confirm my possible $13,500+ target. On the bearish side, we can see it dropping to the 0.618 fib level at $7800 range first. If that doesn't hold, confluence 1:1 ABC and 0.786 fib extensions are found at $7,300 range. Long Term Bias (6+ months) - Bullish Medium Term Bias (Next Week) - Neutral Short Term Bias (Today) - Neutral Long Term Target Prediction by 2019 - $35,000(ATH)

https://youtu.be/9UeVI_LATvo DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

#bitcoin #cryptocurrency #trading #analysis #business
Payout: 0.000 HBD
Votes: 434
More interactions (upvote, reblog, reply) coming soon.