![](https://steemitimages.com/DQmaCY1wgwKmqCQBDgau1E9yR9abUqFvNUsdhR9QzaJVqfF/image.png)

Bears Are Always On The Offense How much longer can Bulls Defend? Short-Medium term, I am bearish biased and believe we will test the first support range in the short-term.

https://youtu.be/q0xPAN3Ymho ![](https://steemitimages.com/DQmNqKE3J8DFeF4Gfxod31mt5gviyTShTcPzRns9kFXxpaC/image.png) We see BTC shorts @ 23.8K BTC versus BTC longs @ 24.9K BTC. ![](https://steemitimages.com/DQmRXpzWToLYSbBZmBDAcm99KSnW2rgw7VvvPpFUiaKF5W2/image.png) ![](https://steemitimages.com/DQmUzgUcGGV4gY2AQhDyCMuxUTEqJf4dNj3vWmDzdo4LYjj/image.png) For short term traders, we see BTC trending in a descending triangle with volume fading. ![](https://steemitimages.com/DQmRiamrmGYxnX4YdmdTa97xf2i5LrY1czHGd5n2RWdaYmb/image.png) My short-term long bull scenario. ![](https://steemitimages.com/DQme8SM6PaSUgGeNXjoUwJjRuEKDHvsrERdqQakucMUqvsk/image.png) My short-term short bear scenario. ![](https://steemitimages.com/DQmVJMACYCxdU5nwd87nVywgq9A5GvMzxqYmowbJAkXvhxt/image.png) MACD attempted to positively tick, but was quickly rejected. ![](https://steemitimages.com/DQmTM9UvCyNR7aF6KJpnwTNnziM9GDSJ7bo3TP85deQd3i9/image.png) The daily RSI is trending above the previous resistance that now acts as a support. ![](https://steemitimages.com/DQmWrEzagSCngPCzLzEohiphrtgiougbd2WtxpWdqoPmyHB/image.png)

LONG TERM, BY 2019, I BELIEVE BTC WILL HIT OVER $30,000

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos: [Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex](https://steemit.com/bitfinex/@philakonecrypto/bitfinex-how-to-customer-and-set-up-bitfinex) [Lesson 2 - How to Analyze Candlesticks Charts with Strategy](https://steemit.com/reading/@philakonecrypto/tutorial-part-2-how-to-analyze-candlesticks-charts-with-strategy) [Lesson 3 - Moving Averages](https://steemit.com/trading/@philakonecrypto/video-tutorial-series-to-help-beginners-let-s-learn-moving-averages-like-a-boss) [Lesson 4 - Relative Strength Index RSI with Advanced Strategy](https://steemit.com/bitcoin/@philakonecrypto/tutorial-series-video-4-let-s-learn-relative-strength-index-rsi-with-advanced-strategy) [Lesson 5 - MACD and Histogram](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-5-let-s-learn-macd-and-historgram) [Lesson 6 - Margin Trading Long, Short, Leveraging](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-6-let-s-learn-margin-trading-long-short-leveraging) [Lesson 7 - Basic Risk Management](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-7-let-s-learn-basic-risk-management) [Lesson 8 - Fibonacci Retracement Part 1](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-8-let-s-learn-fibonacci-retracement-part-1) [Lesson 9 - Fibonacci Extension Part 2](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-9-let-s-learn-fibonacci-extension-part-2) [Lesson 10 - Laddering](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-10-introduction-to-laddering) [Lesson 11 - How To Interpret Time Frames](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-11-let-s-learn-time-frames) [Lesson 12 - Swing Trading Advanced 55 EMA Strategy](https://steemit.com/bitcoin/@philakonecrypto/lesson-12-let-s-learn-advanced-55-ema-strategy) [Lesson 13 - Introduction To Elliot Wave Theory](https://steemit.com/bitcoin/@philakonecrypto/lesson-12-let-s-learn-advanced-55-ema-strategy) [Lesson 14 - Using a Basic Excel Tracker for Risk Management](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-14-using-a-basic-excel-tracker-for-risk-management) [Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-14-automatic-stop-sell-buy-executions) Twitter - https://twitter.com/PhilakoneCrypto Youtube - https://www.youtube.com/user/philakone1 If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna! Luna's personal bitfinex account: 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.