D4rkEnergY knows that it is tough times for all of us - We have lost 25 B USD in the Global Market Cap within 1 week - that is 1/6. We are down at 117 B USD - Just a reminder - we peaked at 800 B USD 11 months ago.
On top of that, the traditional markets (US Key Indexes) are struggling (Japan, China and Europe even more). Even though we have real estate crisis around the world, crude oil taking massive hits, and Dow Jones are very close to enter a bear market territory, I'm convinced we can postpone a Market Crash 1-1,5 year. For more info look in my video below.
BUT, BUT, BUT... D4 is optimistic. We have some interesting event coming up next year:
2. SEC VanEck Approval?
3. And most importantly: Fidelity, the world’s fourth largest asset manager with 7.2 Trillion USD assets under management go into crypto.
When it comes to my TA and taking the above mentioned events into consideration, I think the scenario I've illustrated for you definitely is a likely scenario!
D4 Loves You <3
PS. Appreciate that you are following me - Please leave a LIKE!
Zig-Zag, ABC, Triangle (ABCDE), ABC and another Zig-Zag. WXYZ is a 11 swing structure.
I'm not focusing on the last Zig-Zag structure, which is the A-wave. I will zoom in on my other update.
I will soon be able to confirm it.
Please leave a LIKE if you appreciate the content - thanks in advance ! :)
This is not a guarantee for a reversal - We always need a regular divergence on the 5th wave, but the bulls haven't shown any greed what so ever for long time.
My advice for you: Don't put too much weight on the bullish divergences at the moment.
I'm still trying to figure out, which of the scenarios are right here.
1. We could have the first to the left, which is a 5th wave ending diagonal.
2. Or it could be the one to the right, where we have a truncated 5th wave, and we are about to make the bigger B-Wave, and already now are our wave up to 5,000 USD.
Patterns are a bit weird. I promise to follow up on this. Thanks for following me - Appreciate it.
Ill make a new chart soon :)
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