D4rkEnergY is back again, and he is here to spread more LOVE and WISDOM to the Crypto Community. Finally it seems like more investors, slowly are understanding what is going on!
I spotted this trend since 5,000 USD - Whales and exchanges have been pushing forward, and killed tons of Shorts, and when Longs got too greedy, we would experience a Stop Hunt in the other direction. In my interview with TradingView, I explained it to Crypto Beadles when we were at 7,400 USD, and predicted a New All Time High in 2019.
As you can see, the chart is extremely bullish. Take a look at the pull backs. You can here see, that we have an even steeper uptrend now, with fewer smaller retracements, than than in 2017.
Watch Out for Stop Hunts
We have a very important weekly close. Above 11,638 USD. Please notice my Volume Profile. Exactly - Thats called Clearance, and it means that we have VERY LITTLE resistance above our head. For comparison the The Purple Area is called the Value Area, and here are 70% of trades generated.
D4rkEnergY is here to help you. So here are some general advice. Dont FOMO in, and as soon as you and the rest of the crypto community believe in A NEW ALL TIME HIGH, we will crash hard..
D4 Loves You <3
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Lets zoom in... Its always very hard to figure out how high we will go, when greed has taken over. I know where we have resistance, and I know that we are in risk for getting Stop Hunted by whales.
And it can happen at any given time. But if you force me to take a position it would look like this.
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And Boom here we go..
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And the Recection...
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Huge fight bulls vs bears again today! Yesterday I told you about the fight around hitsorical important 11,600 USD, which I predicted we would go through.
I knew that a LOT of shorts were hiding there, so it was pure bait for the Whales - but as I also said, I was suprised by how fast everything went.
Right now we are witnessing a fight in the 13.700 USD region. So far we got a rejection, but the bulls are not giving up.
My intuition is telling me, that we VERY SOON will see a Stop Hunt down.. and it might hurt.
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2,000 USD Daily Candle!
Lets zoom out again for a while, and get an overview. This is the daily chart.
Yes, that is a 2,000 USD Daily Candle - did I mention that!? New volume record. The RSI - thats a rocket taking off. And the MACD Histogram. Ouch.
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Scary. Im a bit too accurate with my preditctions at the moment! I told you, that it would hurt.
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Here we saw a good example on, what happens when things are going very fast.
This is going according to what I had in mind. It just went faster than expected (as usual). As you can see we are having an ABC correction.. We are most likely on the 4th wave on C, and need 1 more wave down before we go up.
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Here is the update: BITCOIN-Bulls Have Everything Under Control. Relax! And something about emotions.
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