D4rkEnergY
Long

BITCOIN in CRUCIAL Decision Right NOW - Will We Go To 10K?

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Dear Soliders, we are back with D4rkEnergY. The Unstoppable Force in the Universe, that can make space it self expand - and accelerate. And thats why he is here To help YOU with making money. He is here to SPREAD LOVE and WISDOM to everyone.

When D4 looks at a chart, he sees a story. He sees the different players in the field, and how they have been acting.

Then he interpretes the story, and based on the history he will predict whats going to happen in the future. Nobody is better than he is to predict the future. Nobody understands Bitcoin better than him!

But HE is not selfish - cause he shares his knowledge here on TradingView with you guys - Our Army!

Now lets jump right into it - we are here looking at the XBTUSD 4H chart

Imagine a tank. That is the bulls. Look how we steady have continued up and foward - Thats how a tank operates. Its just continues, and every time the enemy tries to attack it, nothing happens. For the first in a while we are getting some resistance from the bears.

You can see how we are forming a pennant /neutral triangle, which is a bullish a structure thought when we come from an uptrend. Please also pay attention to, which I pointed out yesterday, the bears havent had the opportunity to go and touch our lower blue rectangle .

The Bulls simply bought up very quickly which means, that the bulls are strong, and they are simply ready to continue up.

The Bears are slowly losing momentum. Volume is decreasing, which is normal when we are getting closer to the end of the pennant . Everything taken into account, right now it seems like we will go up very soon, and we will continue to kill more shorts.

THAT has been the plan we have seen again from the whales! We are so close to 10k USD - D4 Knows that Whales and Exchanges wanna take us up above 10k USD, so media will pick up the story and normal average joes come into the market and buy the 5th wave!

D4 Loves You <3

PS. Throw a LIKE and some LOVE to D4, and this will be OUR YEAR!
Comment: I will give you a Buy Zone here! Look at my Yellow box and put limit buy orders here! Remember Stop Loss!

D4 - Throw some love!

Comment: Here we go! 4th Waves are usally complex, and can be hard to determine. Is it a simple ABC, or maybe WXY, WXYXZ or what I now finally think it is. Its an ABCDE Triangle correction - each wave can subdivides into 3 waves.

But here it comes. The E-wave is TRICKY. Cause it doesnt have to touch the AC-Line. Its allowed to go above or below the line before we will continue up again.

This is the most likely scenario as I see it right now!

Comment: We got rejected BEFORE 9,200 USD, but that is in fact expected, IF this scenario is right. As I told you, every wave consist of 3 subwaves, so we need 1 more wave down.

The yellow circle illustrates, what I was talking about before about E-waves, that it can go above, below or hit the line exactly, before we go up again!

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Dear Soldiers, a last tip for you - cause D4rkEnergY cares about you. He wants you to succeed. Some people in here are hating on him constantly, and for what? He is offering a FREE service for people to follow. D4 spends many hours to help you guys, but these people dont think that there are real people behind the screens, and think its complely ok to call us Top Ranked Traders for ALL kind of words, just for making a chart.

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But here is the tip. Look at the Long vs Short indicator. Right now there are MORE Short than Longs. And this is a bullish structure. Its so easy for the whales just to push here, and Stop Hunt the shorts. There are a lot of money to be made, why going short right now doesnt make sense in my opinion.

Show some LOVE! D4 Love You!
Comment: BOOM! D4rkEnergY does it again - Spread some Love, dear friends!
Comment:
Comment: Hey friends!

It looks really good. We hit our first target, and it seems like that we have started our impulses waves up. When we are looking at the MACD, you can see how the Bulls again have taking over, and the greed is there.

And I like to see, that most people still are Shorts, cause it gives the Whales bait to continue to push forward.

Right now a bull flag could take us further up! spread some love and give a LIKE! Appreciate it!
Comment: Super interesting moments! The Update is here, guys! Must follow!

Comments

June Options expiration this friday and futures next friday and there are "gaps"(2) that are usually filled.............maybe not this week but 99% of time they are and quite possible during the "shake out" later during the summer of 2019 is a good possibility and would allow a 1/3 pullback and we have not had a substantial retreat since the run began late winter. But nonetheless I like your take and if the 9300-9400 area can be breached we will go over $10k.
+3 Reply
Good update.. but I don't think it's breaking out yet, the penant top trendline is not accurate need to be drawn from the previous top as well, which if you do will show a bigger penant instead of the small one you have.. for now it will be swinging for sometime imho
+2 Reply
DarkEnergy..one like from me for keeping us updated... Although i am not trading but reading your charts are also interesting.......
+1 Reply
This is how i'm looking at it. BTCUSD H4 Running Flat In Wave X.
Reply
Amazing call on your original chart, called the move up perfectly, this is why we follow you :)
Watching the resistance right now at $9400 for a potential breakdown or breakout.
Up 16.86% and scaling out as we go. Let's see what happens.
Reply
This "Hard Resistance" could offer a short-term sell opportunity:

Pretty nice reversal criteria are located into the blue box, included the ATH 38% Fibonacci level.
Regards!
Reply
@VaidoVeek, Nailed it man, great call on this!
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Hey, guys. Use update.
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New idea :D
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