D4rkEnergY

So Simple - Not flashy! All You Need To know About BITCOIN!

Long
D4rkEnergY Updated   
BITFINEX:BTCUSD   Bitcoin
Hello Friends! :)

D4rkEnergY knows, that you guys are used to his flashy, colorful and beautiful charts. But this time - let's try something different. Let's zoom out for a while, and let me illustrate, what all the uncertainty is about - BUT also why it is most likely we will soon go into a Bull Market!

Here are the 2 weeks and 1 Month BTC/USD Charts.

- We are following a long, strong trend line, which started 1 year ago
- We are clearly losing bearish momentum, and the bulls are ready to take over

Therefore - expect we will continue up! That's it, that's how you do it!

D4 Loves You <3

Please Give a like for this NO-BS chart - Straight to the point. Thanks in advance, my friends :)
Comment:
Bitcoin Forecast 2019 and 2020!

Comment:
Here is the road to 10,000 USD! If you want to play with Bitcoin, you have to be aware of these strong resistance zones.

At this moment we are consolidating and it seems like we will sooner or later go higher. Maybe via the bull flag.

If we fail we go down again and test the 7,800 USD level.

D4 <3

Comment:
We can show it with waves or classical charting. As you can see the most likely scenario is that we will go further up. Here you can see an inverse HS Pattern taking form.

We can allow us self to go under 8,2k and then go up again and form the right shoulder.

Let me stress. Even though something is more likely, it doesn't mean it always will turn out like that - patterns can fail!

D4 <3

Comment:
Still think it's the most likely scenario! I have here illustrated it with Elliott Waves and classical charting.

Go Bulls!

D4 <3

Comment:
As you can see the right shoulder is slowly taking form! Do you remember my Yellow Circles from the last chart - Fresh Air Breathe Zones? Look at the low volume.

Always try to figure out where we have resistance and support, and where we have clearance.

D4 <3

Comment:
Baaam!! We are on fire - and we got exactly the inverse HS pattern break out we needed. If we go with the Elliott Waves we are now on the 3rd sub wave on the 5th wave. So we should go a bit more up before we need an ABC-Correction!!

D4 <3

Please leave a LIKE :)

Comment:
We went into an ABC-correction before making a last wave up - That's o.k. You can probably expect we will go higher - we still have some resistance at 9,300-9,400 USD we have go through before we have clearance, but that is the most likely that we will succeed from what I can see.

We might also see some sideways movement and prolonged waves.

We cannot go under the dotted uptrend line.

D4 <3

Comment:
EDIT: Sorry: Resistance at 8,300-8,400 obviously :)
Comment:
Update! Still bullish - I hope we can continue to go up and get those impulse waves going even though we have the resistance.

So far so good! IF you are long at this moment you should protect your self with a stop loss under the uptrend line obviously depending on your strategy.

There is a risk, that this could be part of a bigger WXY combination pattern, which will send us lower.

I'm trying to stress this all the time until everybody understands it. It's all about probabilities. We cannot be sure of anything in this game!

D4 loves you <3

Aaand please leave a like, my friends :)

Comment:
Aaand we wait. Bitcoin is not fun anymore - as I told you in the beginning we could expect a lot of prolonged waves and sideways movement. T

he reason is, that we don't have so many buyers just above 8k. And we don't have so many sellers neither since we have a lot of buyers around 8k and just under. So kind of limbo atm.

But that is also part of the game :)

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