A Beautiful BITCOIN Chart - WIll D4 Be Right This Time??

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Dear Friends And Followers!

D4rkEnergY can be arrogant and cocky! He knows. He has been right almost every single time the last couple of weeks, but the last 2 BTC-charts were wrong. -And don't get him wrong. He will admit when he isn't right - that is part of trading!

Let's jump in and take a look at this 4H BTCUSD Chart - It's pretty interesting in fact.

We are most likely on the 4th Elliott Wave Retracement and are in the process of an ABC-correction.

A-Wave: Leading Diagonal (33333)
B-Wave: Zig-Zag Structure.
C-Wave: Always consist of 5 Waves (as you can see if we look at it from a classical charting point of view, we should soon go up according to the descending wedge we are in)

This whole ABC-structure is a Zig-Zag (535) Structure. According to Elliott Wave Theory and Fibonacci Ratio Relationship we have some rules, which match my prediction so far:

- The B Wave is 85.4% of wave A, which is allowed.

How Do We Find The Target:

- The C-Wave has to be at least 61.8% of wave A, which should shoot us up in 4,235 USD, which once again also match price resistance and looking at the Volume Profile .

I promise to update you shortly if/when we have confirmation on a 1st sub wave on C!

I hope you liked the content - please leave a LIKE!

-D4 <3
Comment: Just to give you an overview, so you can see where on the chart we are, and how the waves correlate.

Comment: Good time to buy no matter what scenarios it should be!!

Comment: We are dropping like crazy - but both our scenarios are still in play! It's kind of depressing at the moment - I agree.

This is what the pros want though. Get rid of all retail investors, before they can buy cheap up and create a new hype!!

Comment: Keep an eye on the descending wedge! If/when we break out from it you can go LONG and we will go to at least 3960 USD

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The fact that you still believe in and use Elliot waves is a testament of your dedication to masochism. Very impressed, it's like watching you step on your own balls for fun at this point.
AdamCPU ibatman
@ibatman, I agree totally in regards to crypto but for shares and fx it's a good pattern to consider. But yeh, you can never put total trust Elliot waves or any analysis patterns. Price and market is always king.
My pet rock has a higher chance of making the next move right, than you.
+2 Reply
elliot waves what a joke give them up you are way off with them
My view fall will continue
Not only cocky and arrogant but a complete fraud too!
+4 Reply

target almost reached.
if this guy share idea do it reverse !
+2 Reply
my BTC idea from November 30th
Wrong again
+6 Reply
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