LEADING DIAGONAL POSSIBLE BREAK OUTA Long position can be traded in the market, as the 5th wave tends to complete the zigzag pattern formation. If we count numbers of zigzags formed, it can be clearly seen the 3-3-3-3-3 Diagonal formation is almost complete. This signifying the possible break out to the 1.628 position.
Please kindly check the chart for details.
Kindly like, follow and comment if you find Idea useful and relevant.
33333
BITCOIN-BULLS Are READY - But We Need The Last Wave Down!Dear Friends!
We are still following the path down my 5th Wave Ending Diagonal. Let me summarize:
Ending Diagonals Happens When:
- The price has declined extremely fast and too far during wave 1 to 4 due to panic
- Bitcoin is now oversold - Investors has begun to accumulate or buy steadily
- Descending wedge/diagonals points to an accumulation
- Ending diagonal is a complex extended 5th Elliott wave (33333)
Last Update:
Normally you shouldn't guess the bottom - But just for entertainment reasons: 3,224 USD!
Let's See! Have a wonderful day, guys!
-D4!
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BITCOIN And Schrodinger's Cat - Is It Dead Or Alive?Some people say Bitcoin is dead - others say it's still alive! For D4rkEnergY it may be simultaneously both alive and dead like Schrodinger's Cat.
This state is known as a quantum superposition. In the Quantum World a system stops being a superposition of states and becomes either one or the other when an observation takes place.
According to the Many-worlds interpretation is the observation it self not a special process - The alive and dead states of Bitcoin persist after you look at the chart, but are decoherent from each other. The observer and the possibly-dead BTC split into an observer looking at a dead BTC-chart, and another observer looking at a chart with BTC, which indeed is alive. But since the dead and alive states are decoherent, there is no effective communication or interaction between them.
HERE ARE THE REASON WHY WE MOST LIKELY ARE ON THE 5TH WAVE ENDING DIAGONAL
- The price has declined extremely fast and too far during wave 1 to 4 due to panic
- Bitcoin is now oversold - Investors has begun to accumulate or buy steadily
- Descending wedge/diagonals points to an accumulation
- Ending diagonal is a complex extended 5th Elliott wave (33333)
D4rkEnergY - Dead and Alive <3
PS. And as always: Please Leave a LIKE if you like cats!
A Beautiful BITCOIN Chart - WIll D4 Be Right This Time??Dear Friends And Followers!
D4rkEnergY can be arrogant and cocky! He knows. He has been right almost every single time the last couple of weeks, but the last 2 BTC-charts were wrong. -And don't get him wrong. He will admit when he isn't right - that is part of trading!
Let's jump in and take a look at this 4H BTCUSD Chart - It's pretty interesting in fact.
We are most likely on the 4th Elliott Wave Retracement and are in the process of an ABC-correction.
A-Wave: Leading Diagonal (33333)
B-Wave: Zig-Zag Structure.
C-Wave: Always consist of 5 Waves (as you can see if we look at it from a classical charting point of view, we should soon go up according to the descending wedge we are in)
This whole ABC-structure is a Zig-Zag (535) Structure. According to Elliott Wave Theory and Fibonacci Ratio Relationship we have some rules, which match my prediction so far:
- The B Wave is 85.4% of wave A, which is allowed.
How Do We Find The Target:
- The C-Wave has to be at least 61.8% of wave A, which should shoot us up in 4,235 USD, which once again also match price resistance and looking at the Volume Profile.
I promise to update you shortly if/when we have confirmation on a 1st sub wave on C!
I hope you liked the content - please leave a LIKE!
-D4 <3
BITCOIN: Corrective Waves - Now Leading Diagonal - Up, Up, Up!Dear Friends!
It's way past my bed time here. So I'll do it quick - Sometimes it's just better that way.
- Correction Triangle (ABCDE) 33333
- Now most likely 1st Wave Leading Diagonal (3rd subwave 1-1 ratio with the 1st subwave)
- Bring the popcorn
Watch it play out! Good night!
- D4!
BTC Scenario Big Move on Weekend!Hello again!
Been busy with many things.
My last call on btc is pretty bad haha, i went in too fast.
Talking about btc again.
Everybody talking about inverse H&S, but i don't see this inverse h&s will work.
We see many bull signal such as inverse h&s pattern or bullish divergence. but i don't see a big volume coming in.
I can tell you from btcusd long (i will add the pict later).
In the bearish view, i see this recent move as time to bear to load up more power to bring it down, we can see from btcusd short.
I have the waves count for this bear on the chart.
This is 3 3 3 3 3 waves in the triangle.
All i can conclude is big move is coming in.
So, two scenario as always:
- If we break the resistance we will see 7k test, and may have extension to 7,3k
- If we break the support we will see 6,1k test again
Don't forget to follow me! :D
Tip jar here:
BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6