We are back again, and D4rkEnergY will present for you the MOST LIKELY Bitcoin scenarios. As you know D4 is here to spread Love and Wisdom to the Crypto Community. He is the unstoppable force in the Universe, that makes everything expand, and even accelerate.
Yesterday I told you about feelings, and that trading is hard, because you often have to do something which is contrary to your feelings to profit from trading. You can read the post here:
We still dont have a final answer when it comes to this wave. It could be a B-wave, or it could be an impulse wave, which will take us directly to 16k USD.
The Structure is Bullish
Looking at classical charting we are trading inside a neutral triangle, BUT because we are coming from a DOWNtrend, there are a in theory a bigger chance, that we will break to the DOWNSIDE. On the other hand, because we are making Higher Lows in an more steep angle AND because we are above 11,6k with big support, it makes it more likely we will break to the UPside.
Also the big disproportion between Longs and Shorts, helps the Longs because its an incentive for the Whales to go up and Stop Hunt the shorts.
So we have some uncertainty, but everything taken into account, the structure is more bullish than bearish!
D4 Loves You <3
Please leave a LIKE if you appreciate the content!
Yesterday I told you about feelings, and that trading is hard, because you often have to do something which is contrary to your feelings to profit from trading. You can read the post here:
We still dont have a final answer when it comes to this wave. It could be a B-wave, or it could be an impulse wave, which will take us directly to 16k USD.
The Structure is Bullish
Looking at classical charting we are trading inside a neutral triangle, BUT because we are coming from a DOWNtrend, there are a in theory a bigger chance, that we will break to the DOWNSIDE. On the other hand, because we are making Higher Lows in an more steep angle AND because we are above 11,6k with big support, it makes it more likely we will break to the UPside.
Also the big disproportion between Longs and Shorts, helps the Longs because its an incentive for the Whales to go up and Stop Hunt the shorts.
So we have some uncertainty, but everything taken into account, the structure is more bullish than bearish!
D4 Loves You <3
Please leave a LIKE if you appreciate the content!
Note
Lets take a look at Scenario 1, which is the evil one. I like it. That will punish the Shorts right here and now. The steep uptrend and the pennant allow us to go up directly.Watch out Shorts...
Note
Break Out Attempt from the Bulls.. Here we go. Will it be the evil scenario? Is it time to kill some more shorts?Note
So what did we learn here? When a huge majority of investors believe one thing the opposite thing usally happen.Note
Update is here: BITCOIN WARNING: Optimal Whale Play Will Hit You!
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.
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.