Live Stream - BTC Bitcoin April 13 Technical Analysis - Reaching Dangerously OverBought

in #bitcoin7 years ago (edited)


General Tone:
We see the $8,250 range target hit and are now reaching dangerously overbought conditions on all time frames. A correction is more likely than another wave up.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019


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I think there is a kind of bulltrap and a dip will follow. But it will not be to deep. Soon market will change the direction to upwards

Excellent TA Philakone. I'd love to see you analyze Stellar (XLM). They've got some exciting things planned. Fundamentals look amazing. I covered some of their future plans here:
https://steemit.com/cryptocurrency/@workin2005/stellar-xlm-may-be-the-future-of-crypto-as-it-prepares-for-massive-growth

I think you are a genius ! Thanks to put so much efforts in educating the people freely when in this industry everybody is trying to do the opposite. Hats off buddy, keep up the sarcasm it's on point. ;)

You are so COMPLETELY the KING of TA. No one else even comes close. I WISH there were some alternatives so we could get some equal contrasting views :P

Rocking TA! Thank you Phil!

I am a professional writer, photographer, artist sharing my muse and the beauty of Hawaii as well advocating for blockchain technology!

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Cheers,
Darcy
@fieldsofgold

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