Sorry BITCOIN-Bears! You Don’t Stand a Chance – Go BULLS!

Sorry BITCOIN-Bears! You Don’t Stand a Chance – Go BULLS!

Dear Friends!

It’s not any secret, that D4rkEnergY was the first to call a Bull Market. Already February 5th I did spot the accumulation-phase, and told you when we would escape the Trading Range.

On Twitter 2 weeks ago, when everyone was bearish , I told you, that we soon would enter a Bull Market.

Enough about how good I am, and let’s instead take a look at the 2H XBTUSD Chart. Let me just start put it out there: Bears don’t stand any chance at this very moment! THE only thing that can save you bears is IF the big spike we had was manipulation.

BULLISH SIGNS:

– We have escaped the down trendline
– Since December 15th where our uptrend started we have had increasing volume . We also call that Price/Volume Trend Convergence, which basically means that is supports the ongoing trend.
– Bullish Momentum is huge
– Increasing Global Market Cap and Volume , which tells us that the Market Sentiment is bullish

Let’s take a look at the TA. Even though I have been bullish and been LONG since 4,800 USD, I must agree that, I have had a hard time to figure out this 4th wave correction.

I’ve spent a bit more time on my Elliott Waves , and have now come to the result you can see above, which also is the most likely scenario. What we have here is is a Primary 1-5 Structure (in blue), but where we have an EXTENSION (in orange) inside the 3rd Wave.

We are now in the process of making the 4th wave in orange. And as I mentioned before, right now it’s pretty hard to determine what kind of a correction we would see – I tried yesterday but it didn’t work out that well.

But I now see 2 options:

1. A triangle correction which we also label ABCDE
2. Or some kind of WXY with a Flat Structure first

I promise to keep you updated, when we get more info!

D4 is here for you <3

And as always – I would be SUPER HAPPY if you gave me a LIKE – Thanks in advance!

Published at Sat, 06 Apr 2019 10:04:46 +0000