BITCOIN Whales Will Fool You AGAIN - We Will Drop Even More!
Updated
Yesterday I gave this Signal to Our Family! D4 is PROBABLY THE one who has been most correct when it comes to predicting the BTC-Market in 2019. But lets go on!
I don't think we are done with our downtrend! You can see how we are caught inside a big Head and Shoulder Formation. We just witnessed a Stop Hunt yesterday to kill the Longs, and I think we will see something similar again.
For our Family I have made another position, and been been so bold and cocky to set a target below 6,000 USD, cause I see the whales want us to break that level. Look how more people still are LONG, and I think they will get another punishment, when we get another drop later.
This can very well be part of the whales new plan! Cause right now, people are still bullish, but IF we go below 6k USD, Dumb Money will convert their narrative.
And THEN we will most likely turn around again and continue our parabolic movement up!!
D4
Please give a LIKE!
I don't think we are done with our downtrend! You can see how we are caught inside a big Head and Shoulder Formation. We just witnessed a Stop Hunt yesterday to kill the Longs, and I think we will see something similar again.
For our Family I have made another position, and been been so bold and cocky to set a target below 6,000 USD, cause I see the whales want us to break that level. Look how more people still are LONG, and I think they will get another punishment, when we get another drop later.
This can very well be part of the whales new plan! Cause right now, people are still bullish, but IF we go below 6k USD, Dumb Money will convert their narrative.
And THEN we will most likely turn around again and continue our parabolic movement up!!
D4
Please give a LIKE!
Note
Perfect -as u can see we are slowly going up, which is as expected. We are not forming the Right Shoulder, which also is the 4th wave.I hope we hereafter will drop down and make the 5th wave.
Note
We go back to our Elliott Waves, which also match our Classical Charting and the HS Formation. The reason why Im most likely right is if we take a look at the volume bar. It's kinda small volume - we are below the MA20 Volume, and declining, which we typicially are seeing on B-Waves.Its the C-Waves that will take us down.
The only thing that can take away our deserved victory is if the whales, wanna play games. IF they are clever (I dont even really want to mention it, cause I dont want to jinx it) if they make a quick move up around 7,9k and then down again!!
But its not that easy.
Note
I still believe its a 335- Flat Formation. But what I dont like is, that the formation is becoming more and more bullish. The bulls are getting more momentum - the formation is bearish though, BUT our problem is, that it is SUPER EASY for the Whales to Stop Hunt the Longs out of the market making some huge buy orderes followed up by buy walls.
Furthermore we are in range, and pretty close to 8,000 USD so it would be possible for them to accomplish this.
Luckily for us there are more Longs than Shorts, which MAYBE makes it more proftibable and Short Squeeze for hereafter to buy up at a lower level as we saw yesterday. And that is what we are hoping for.
Our Elliott Waves also match. My dotted line we will hopefully not go above. Its around 7,500 USD. The B-wave is not determined so its not necessarily death , but we would prefer it was a simple B-wave and then followed by the C-Wave Ive also illustrated for you.
Its definiteley exciting.
Note
UPDATE- SUPER IMPORTANT-Understand How BITCOIN-Whales Think!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.