Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Dear Friends!
Or?
No matter what this one is a pretty easy! D4rkEnergY will guide you - he cares about you. His mission is to MAKE YOU RICH!
We here have an ascending wedge, which normally would mean, we would go down. And it is definitely as possibility! But wait - Because Bitcoin might have a different hidden plan. It has escaped the down line, and take a close look - Bitcoin might go berserk and make a 5th Wave Extension!
So 2 Scenarios:
- BERSERK-version which up via my Elliott Waves (You can make a LONG position with a stop loss below the wedge. - BORING-VERSION if the other option should fail, you can almost be sure we will go down, and you place buy orders at my pink box. Hereafter we will go up!
You are welcome!
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Take a look here - its way easier to see on BITFINEX - It's a 5th Wave Ending Diagonal!
Boom!
Comment
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So here we thought we were about to make a 5th Wave Ending Diagonal. Everything was pointing in that direction, even though I got confused due to Bitmex' chart differed from the others. But we managed to escape the down trendline, and it looked really good, but then BAAM - it was a bull trap!
Everything is still super bullish, but what has been hard has been to catch a good LONG position. And now we once again got trapped.