I called the bottom, I spotted the accumulation, I figured out the Whales plans about going through 6,000 and 7,000 USD, when everyone else were Shorts, and got killed again and again. That is a fact - Our Group were contrarians to the Market. In my prior post I have evidence for it all.
Now I will reveal for you, what most likely will happen from now on!
We will enter a Bull Market, BUT not when you think so. First let me tell you, why a Bull Market is under way. We are here looking at the Weekly XBTUSD Chart.
- Simple Volume Analysis. For the first time we are starting to see Price Volume Trend Convergence. We made an IMPORTANT break this week, when we made a higher volume bar than the one after the Downtrend.
- We keep crusing above historical important EMA9 and EMA21.
- Our Elliott Waves match with what we can expect also match with The Whales/Smart Moneys Plan.
The Whales Plan
The reason our Group made money, was because I among other tings figured out the Whales Plan. I spotted the huge disproportion between Longs vs Shorts, which made it easy for the Whales to steer the market to 6k and 7k and above. Dumb Money kept adding to their Shorts.
Now everything is as the Whales want. Dumb Money are starting to go long and soon retail investors will also go LONG, which you can see from my chart is on the end of the 5th Wave. That is pure bate.
When first THAT happens, the Whales will dump the price and the Dumb Money will once again get caught. We will probably go all the way down to 61.8 % and maybe below 5k to bait people to go Short.
But hereafter its too late - we have already begun our uptrend and we will continue as illustrated on my chart directly in to the Bull Market.
D4
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