Insecure BITCOIN-Bulls Finally Took The First Step- Awkwardness!
Updated
Dear Friends! <3
Try to remember back when you were a teenager. Exactly - THAT awkward moment when you are with a girl (or a boy), and you are ready to go... And it's almost about to happen. But NOTHING is happening - something is holding back. The INSECURITY from both sides, just makes everything so awkward.
She is expecting you to take the first step - you are the man, right? Awkwardness... But..
Finally you take that the fist step, and then.. It worked out well! It wasn't that hard after all, huh?
So this is exactly what we have been witnessing with Bitcoin the last week. Nothing has really happened. I told you before about the zone of confluence support and resistance everywhere. We were caught in a small prison where we didn't have much space to maneuver around.
The bears have been trapped again and again. First with 3 lower highs (descending triangle), then a clear head and shoulder pattern, which also predicted we would go down, and the whales just went in the other direction and liquidated the shorts.
Yesterday I predicted another minor "trap". We were clearly in an ascending wedge and needed a smaller correction, but once again we saw how we immediately went in the other direction and up.
AND FINALLY today - an hour ago - we are now here, were the brave bulls took the first step we all have been waiting for! They broke out from the prison and went through the strong resistance at 8,2k-8,4k, and we are now at 8,500 USD. That's the lesson. Forget about insecurity, guys! Confidence is everything!
So far I still stick to my prediction from 2 days ago. We will go my yellow circle. But here it will be VERY interesting. Everything is pointing down from there, and we need some kind of retracement. But be aware of another bear trap, my friends! Whales could make another sick trap.
Last but not least, as I also mentioned yesterday, there are so much uncertainty with Bitcoin at the moment, that I don't even trade it at the moment. I make a lot of money at altcoins - think about it!
D4 Loves you <3
Please give me a BIG LIKE - It will make me happy - and once again, thank you for following me - I REALLY do appreciate it :)
Try to remember back when you were a teenager. Exactly - THAT awkward moment when you are with a girl (or a boy), and you are ready to go... And it's almost about to happen. But NOTHING is happening - something is holding back. The INSECURITY from both sides, just makes everything so awkward.
She is expecting you to take the first step - you are the man, right? Awkwardness... But..
Finally you take that the fist step, and then.. It worked out well! It wasn't that hard after all, huh?
So this is exactly what we have been witnessing with Bitcoin the last week. Nothing has really happened. I told you before about the zone of confluence support and resistance everywhere. We were caught in a small prison where we didn't have much space to maneuver around.
The bears have been trapped again and again. First with 3 lower highs (descending triangle), then a clear head and shoulder pattern, which also predicted we would go down, and the whales just went in the other direction and liquidated the shorts.
Yesterday I predicted another minor "trap". We were clearly in an ascending wedge and needed a smaller correction, but once again we saw how we immediately went in the other direction and up.
AND FINALLY today - an hour ago - we are now here, were the brave bulls took the first step we all have been waiting for! They broke out from the prison and went through the strong resistance at 8,2k-8,4k, and we are now at 8,500 USD. That's the lesson. Forget about insecurity, guys! Confidence is everything!
So far I still stick to my prediction from 2 days ago. We will go my yellow circle. But here it will be VERY interesting. Everything is pointing down from there, and we need some kind of retracement. But be aware of another bear trap, my friends! Whales could make another sick trap.
Last but not least, as I also mentioned yesterday, there are so much uncertainty with Bitcoin at the moment, that I don't even trade it at the moment. I make a lot of money at altcoins - think about it!
D4 Loves you <3
Please give me a BIG LIKE - It will make me happy - and once again, thank you for following me - I REALLY do appreciate it :)
Note
I'll post here the bigger picture! It seems like some new traders in here still believes, that a market goes in a straight line up or down. It is possible to be bullish short term, bearish midterm and bullish again long term.This chart and my predictions from yesterday still follows everything I said. I still believe we will go under 5,000 USD eventually. But I might change my mind if we suddenly see clear signs of that.
That's how TA and trading works, guys. Deal with it or if not maybe trading is not something for you.
Note
Maybe I'm to idealistic!The haters in here, has a hard time understanding that this is not an exact science, and NO ONE knows where the market is going. We can try to figure out plausible scenarios, and when we get confirmation on one of our ideas we can enter a trade.
Haters in here still believes, that there is ONLY ONE option and you have to stick with that for the rest of your life, and if you dare to adjust your opinion, then your TA sucks, you are a loser or a fraud!!
I'm really trying to get this into peoples head - but what can I do? If people will not learn, that's it. I feel sorry for them - I truly do - because they will and probable already have lost so much money on trading.
Otherwise I cannot see, why the same people, day after day go in here on my charts and call me all kind of stuff.
Seriously guys - I'm trying to help you. I'm ok with you calling me names, are threatening me and want to kill me.
But just think about this. This is my 4th time I got a PM from a guy, who wrote the following (other guys wrote something similar), and it might also be you sitting out here.
I'm not here to hurt you or anyone in here, I'm trying my best to help people to make money.
------------------------------------------------
"Hola D4rkMaster. i soory for hating you and call you all thing for long time. i was new to trade and did not understand many things. i lost many money so i was realy angry and go into your chart to get my anger go away.
i can now see what i make mistake because i now understand things better. thank you for helping all of us.
xxxx"
Note
If we take a look at the 1D Chart you can now see, we are facing, what I have had on my chart for weeks. The Level 60 RSI Resistance.In isolation, looking at the candles, it looks good. If we could end this day at 8,500 USD it would be good for the bulls. Please also pay attention to the volume bar, which now is above the MA20 volume.
We are definitely getting closer to my first target. Let's see!
D4 Loves You <3
Please hit the Like-button if you haven't already done it! Thx in advance, my friends!
Note
Booom!! D4rkEnergY does it AGAIN!This is super exciting... I should sleep now - it's 5.30 AM, but have to stay up now to follow this and keep you updated.
Kiss and Hugs - And thx for all the PMs Im getting - sorry, cannot answer all of them!
Note
Our First Target is reached, but now what? 8,900 USD. We are in ascending wedge, which is a bearish pattern. RSI is sky rocking 85 once again.Everything is telling us, that we MUST go down now. Something like 8,100 USD. But with traps everywhere, I will not enter a trade at this moment.
We might see another trap. The price will probably drop now, but when people enter a short, the whales can PUMP it even higher.
EXCITING!
Note
Another fun Bitcoin-comparison with SP500
Note
Seems like we have an important level broken, which give us an EW failure, so we will no longer have the opportunity to go to 9,4k.We will most likely continue go down to like 8,5k. But before you go ALL IN with 100 leverage and short the market, just keep in mind we have seen a lot of bear traps lately.
Yea, Bitcoin is fun to follow and if you are an experienced day trader and got the time, you can definitely make some nice profit.
Or you can, as I did, find the right altcoins and make more than 150 % in ONE week on just one coin. No stress, no uncertainty :)
D4 is happy! <3
Note
The update is here, dear friends <3
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