Hello Friends! :)
D4rkEnergY knows, that you guys are used to his flashy, colorful and beautiful charts. But this time - let's try something different. Let's zoom out for a while, and let me illustrate, what all the uncertainty is about - BUT also why it is most likely we will soon go into a Bull Market!
Here are the 2 weeks and 1 Month BTC/USD Charts.
- We are following a long, strong trend line, which started 1 year ago
- We are clearly losing bearish momentum, and the bulls are ready to take over
Therefore - expect we will continue up! That's it, that's how you do it!
D4 Loves You <3
Please Give a like for this NO-BS chart - Straight to the point. Thanks in advance, my friends :)
D4rkEnergY knows, that you guys are used to his flashy, colorful and beautiful charts. But this time - let's try something different. Let's zoom out for a while, and let me illustrate, what all the uncertainty is about - BUT also why it is most likely we will soon go into a Bull Market!
Here are the 2 weeks and 1 Month BTC/USD Charts.
- We are following a long, strong trend line, which started 1 year ago
- We are clearly losing bearish momentum, and the bulls are ready to take over
Therefore - expect we will continue up! That's it, that's how you do it!
D4 Loves You <3
Please Give a like for this NO-BS chart - Straight to the point. Thanks in advance, my friends :)
Note
Here is the road to 10,000 USD! If you want to play with Bitcoin, you have to be aware of these strong resistance zones.At this moment we are consolidating and it seems like we will sooner or later go higher. Maybe via the bull flag.
If we fail we go down again and test the 7,800 USD level.
D4 <3
Note
We can show it with waves or classical charting. As you can see the most likely scenario is that we will go further up. Here you can see an inverse HS Pattern taking form.We can allow us self to go under 8,2k and then go up again and form the right shoulder.
Let me stress. Even though something is more likely, it doesn't mean it always will turn out like that - patterns can fail!
D4 <3
Note
We went into an ABC-correction before making a last wave up - That's o.k. You can probably expect we will go higher - we still have some resistance at 9,300-9,400 USD we have go through before we have clearance, but that is the most likely that we will succeed from what I can see.We might also see some sideways movement and prolonged waves.
We cannot go under the dotted uptrend line.
D4 <3
Note
EDIT: Sorry: Resistance at 8,300-8,400 obviously :)Note
Update! Still bullish - I hope we can continue to go up and get those impulse waves going even though we have the resistance.So far so good! IF you are long at this moment you should protect your self with a stop loss under the uptrend line obviously depending on your strategy.
There is a risk, that this could be part of a bigger WXY combination pattern, which will send us lower.
I'm trying to stress this all the time until everybody understands it. It's all about probabilities. We cannot be sure of anything in this game!
D4 loves you <3
Aaand please leave a like, my friends :)
Note
Aaand we wait. Bitcoin is not fun anymore - as I told you in the beginning we could expect a lot of prolonged waves and sideways movement. The reason is, that we don't have so many buyers just above 8k. And we don't have so many sellers neither since we have a lot of buyers around 8k and just under. So kind of limbo atm.
But that is also part of the game :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.