![](https://steemitimages.com/DQmXuGVnfX81Qw3UXzJjmY7763cm5KJo45CKtFhEfHnfGNh/image.png)[](https://steemitimages.com/DQmV6exAHD8ZMuUYQDabVwrpoX2ghJLqXTBuCw61bYF86Js/image.png)

Correction Target - $4800-$5200 Correction Target Time Frame - Feb 18- Feb 24 Long Term Bias (6+ months) - Bullish Medium Term Bias (Next Week) - Bearish Short Term Bias (Today) - Neutral to Bearish Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019 Long Term Target Prediction - Primary Wave 5, $50,000+ by 2020

https://youtu.be/8iPJPaqCgLQ

We've now completed this 4th wave subwave correction and now have 1 wave down to go.

![](https://steemitimages.com/DQmRguQ7Cy61DZLEudTG9bYPWK5AqyZoZDWGML3MuhLZgsi/image.png)

This is the wave 4 correction we've recently completed, which bounced off the 382 fib level, and hit a major resistance we couldn't break.

![](https://steemitimages.com/DQmPdauHQvjZDfNLJrdpMt2LJbC9xDqW87aE25WVXmDNc97/image.png)

This is an example of how the corrective wave 5 can look, with target $4800-$5200

![](https://steemitimages.com/DQmVj36Qh6bv7hHQBmf5R8TGyQLF6zEo71j5zabiqPWtUm2/image.png) https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

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

[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/tutorial-part-13-introduction-to-elliot-wave) [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 - Automatic Stop Sell/Buy Executions](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-14-automatic-stop-sell-buy-executions) [Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2](https://steemit.com/bitcoin/@philakonecrypto/tutorial-part-16-advanced-55-ema-strategy-with-time-frames-and-macd) [Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500](https://steemit.com/bitcoin/@philakonecrypto/tutorial-17-scalping-6-hours-of-live-trading-growing-usd2-000-into-usd3-300-in-4-days) [Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.](https://steemit.com/bitcoin/@philakonecrypto/tutorial-17-bitcoin-btc-feb-6-btc-update-summary-of-abcde-with-live-play) Twitter - https://twitter.com/PhilakoneCrypto Youtube - https://www.youtube.com/user/philakone1

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.