UGGH! Exciting Day For BITCOIN - Bears On Benzos, Bulls On Coke!
Updated
Dear Family
Wow, first and foremost! D4 is so touched by all that love you are giving him. He really do appreciate it. More than 200 private messages while he was sleeping. And 400 new followers. I am really sorry, but I cannot answer all the messages.
We will soon together become the biggest Crypto-Family in here. And D4 will soon pick The Chosen Ones and make 100 of you guys really rich! Your life will be changed forever!
So let's jump in. We are looking at the 2h BTCUSD Chart. This will be such an exciting day. Bring the popcorn! The Champions League Finals are about to begin! So today we finally have one more opportunity to break out of the descending channel, and shift into an uptrend.
As you can see, my 55 % Scenario has been really accurate so far. We broke out from the wedge, went directly to 10,4k, which was so important. We then had the opportunity to get in via the inverse HS pattern or the bull flag. The bull flag won.
The bears have been paralyzed so far, and didn't manage to fight against the bulls on steroids. And please take a look on the last 2 Bullish vollume bars. Both of them are above the MA20 Volume and increasing. The RSI and MACD give us room to go even higher, even though it might soon go into the overbought zone.
We have just had this nice uptrend, the bulls are at this moment, trying to fight back. But as you can see, they are really struggling. If we can just keep them in check for 4 more hours, we will exhaust the bears, and we will make another Bull flag. Hereafter we will stand face to face with our biggest enemy - the resistance line!!
If we win, it will be the first time we are on the right side of the descending channel since our All Time High at almost 20,000 USD (17.12.2017). Come On, Bulls!
D4 loves you <3
PS. Please give a LIKE and follow! A new adventure is about to begin!!
Wow, first and foremost! D4 is so touched by all that love you are giving him. He really do appreciate it. More than 200 private messages while he was sleeping. And 400 new followers. I am really sorry, but I cannot answer all the messages.
We will soon together become the biggest Crypto-Family in here. And D4 will soon pick The Chosen Ones and make 100 of you guys really rich! Your life will be changed forever!
So let's jump in. We are looking at the 2h BTCUSD Chart. This will be such an exciting day. Bring the popcorn! The Champions League Finals are about to begin! So today we finally have one more opportunity to break out of the descending channel, and shift into an uptrend.
As you can see, my 55 % Scenario has been really accurate so far. We broke out from the wedge, went directly to 10,4k, which was so important. We then had the opportunity to get in via the inverse HS pattern or the bull flag. The bull flag won.
The bears have been paralyzed so far, and didn't manage to fight against the bulls on steroids. And please take a look on the last 2 Bullish vollume bars. Both of them are above the MA20 Volume and increasing. The RSI and MACD give us room to go even higher, even though it might soon go into the overbought zone.
We have just had this nice uptrend, the bulls are at this moment, trying to fight back. But as you can see, they are really struggling. If we can just keep them in check for 4 more hours, we will exhaust the bears, and we will make another Bull flag. Hereafter we will stand face to face with our biggest enemy - the resistance line!!
If we win, it will be the first time we are on the right side of the descending channel since our All Time High at almost 20,000 USD (17.12.2017). Come On, Bulls!
D4 loves you <3
PS. Please give a LIKE and follow! A new adventure is about to begin!!
Note
IS IT NOW?? We are so close. We have what seem like a break out. We can soon lick the resistance line. Come on, Bulls!!!
Note
BIG CLASH at the moment between the bulls and bears. We manage to penetrate the resistance line shortly but the bears are strong. we just have to keep pressuring them.I think the bulls will win this fight in the end! (as you can see my resistance line was not accurate. I think must have been moving up a little while I was toggling between the time frames)
Note
The fight between the bears and the bulls are still going on just under the resistance line. Even though the bears managed to reject the bulls in the first attempt to get out of the downtrend channel, I want you to take notice of the volume bars.Last time we were trying to get through at 11,8k, we got rejected hard with crazy volume from the bears. More than 2 times the MA20 Volume. And they followed up with even more volume the candle after.
This time the bears could only follow up with volume less than the MA20. That is definitely a good sign for the bulls.
Note
CRUCIAL MOMENTS for BTC at this very moment! We finally broke out of the downtrend channel. And we are right now getting support from the earlier resistance line. But the bears are now trying hard to throw us back in the channel. We really want to avoid that.
Let us hope we go a bit higher with help from the flag, and let us postpone the needed smaller retracement, so we can do that without going into HELL again!
Be strong, my BULLS <3
Note
The Update is here! About the next challenges we will face. How to get to our EW5-target and how to deal with the needed ABC-correction.
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