The Worst BITCOIN Chart Ever! You Be The Judge... Booring...
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Hello my friends! <3
I have been working for 3 months now non stop. 18 hours a day. Not a single day off. No sleep. That is not healthy at all, and I'm not proud of it. I don't get enough sleep. I used to work out a LOT. I eat ok, but not enough.
Yea, you would never guess, but I also used to meditate every morning and do mindfulness exercises. But not anymore.
So let's take a look at this boring Bitcoin update. 1h BTCUSD chart. So yesterday I gave you 2 scenarios. The bearish one won. We got rejected again and again of the dangerous zone of confluence resistance.
We fell down and got an Elliott Wave Failure. I have now - as you can see - created a new Elliott Wave Cycle. At this very moment we are what seems like done with the ABC-correction of the whole cycle. Only 38,2 % though. EW Guidelines suggest at least 50. What ever..
We are now trying to restart a new 1-5 Cycle. So far so good - it seems like we already have had a 50 % retracement on the 2nd sub-sub wave. So we are going in the right direction at the moment trying to climb the 3rd Primary EW. Please pay attention to the MACD, which is about to make a bullish MACD Cross. The RSI also allow us to higher. A dream scenario would be if we could go to the bottom of the red line, and then have a correction to create a new momentum, and hopefully this time go through the zone of danger.
Please also take notice of the new Inverse HS pattern, which might help us through. All the Elliot Waves perfectly matches the existent patterns.
Then we have the bearish scenario. If BTC breaks 8,4xx we are pretty much screwed. We will hereafter due to the HS pattern automatically fall to around 8,200 where the next support is.
Let's see what gonna happen! Please give this lousy chart a LIKE. Give me some sympathy.
D4 loves you <3
I have been working for 3 months now non stop. 18 hours a day. Not a single day off. No sleep. That is not healthy at all, and I'm not proud of it. I don't get enough sleep. I used to work out a LOT. I eat ok, but not enough.
Yea, you would never guess, but I also used to meditate every morning and do mindfulness exercises. But not anymore.
So let's take a look at this boring Bitcoin update. 1h BTCUSD chart. So yesterday I gave you 2 scenarios. The bearish one won. We got rejected again and again of the dangerous zone of confluence resistance.
We fell down and got an Elliott Wave Failure. I have now - as you can see - created a new Elliott Wave Cycle. At this very moment we are what seems like done with the ABC-correction of the whole cycle. Only 38,2 % though. EW Guidelines suggest at least 50. What ever..
We are now trying to restart a new 1-5 Cycle. So far so good - it seems like we already have had a 50 % retracement on the 2nd sub-sub wave. So we are going in the right direction at the moment trying to climb the 3rd Primary EW. Please pay attention to the MACD, which is about to make a bullish MACD Cross. The RSI also allow us to higher. A dream scenario would be if we could go to the bottom of the red line, and then have a correction to create a new momentum, and hopefully this time go through the zone of danger.
Please also take notice of the new Inverse HS pattern, which might help us through. All the Elliot Waves perfectly matches the existent patterns.
Then we have the bearish scenario. If BTC breaks 8,4xx we are pretty much screwed. We will hereafter due to the HS pattern automatically fall to around 8,200 where the next support is.
Let's see what gonna happen! Please give this lousy chart a LIKE. Give me some sympathy.
D4 loves you <3
Nota
We are going higher. Inverse HS pattern. We should be able to break up from here. Nota
As predicted we got a breakout. I have used Fibonnaci Trendbased Extension tool to measure where we are going. It would be optimal for the bulls if we could end the 5th subwave right under the red resistance line.Please also pay attention on a lot of bullish volume on the last bar.
Thank you for all the likes, guys <3
Nota
THE MOMENT OF TRUTH at this very moment! If we fall through now, we will go back in the ABC-correction and probably have to test the 50 % retrace around 8,300 USD.If we manage to keep going upward at the ascending wedge we are on the right patch to make a 3rd Elliot Subwave.
I will keep you updated <3 Pls give a BIG like!
Nota
Good morning, dear Friends and Family <34 hours of sleep and we are ready to go :) As you can see, we didn't manage to make 1-5 EW Cycle, and we instead had an EW Failure. I told you about this likely scenario.
EW Guidelines suggest, that we normally need a least 50 % retracement of the whole Cycle. We only - at that time - had a 38,2 % when we tried to restart it.
So I have instead illustrated the most plausible scenario for you now. You can see a descending wedgish pattern has taking form, which will lead us down to a 50 or 61,8 % retracement (yellow circle), where we once again can try to go into a reversal.
D4 Loves You - and You love me - so please give me warm LIKE <3
Nota
Expect this to happen: As you can see we are in the process of making a C-correction. A C-correction always have 5 waves.Expect therefore, at we soon will go down again and finish the last wave. It would perfectly match with 50 % Fibonacci Retracement level, so we can count on a bounce from there (8,200-8,300 USD) and up and through the diagonal if we get enough volume.
D4 Loves you <3 And as always. Please give a BIG LIKE :)
Nota
Trading is pretty easy right? So let's see if we can get that bounce and go into a reversal and restart a new EW Cycle? Or if we have to go lower than 50 % fib retracement.Pretty interesting :) I will follow up on this later. Pls give a like. TY!
Nota
8,600 USD now. Didnt I tell it guys? II said iy would bounce between 8,200-8,300 USD.Let's see if we can get that 3rd EW going! <3
Nota
What do you prefer? To go higher taking a shortcut via a bull flag or what about the inverse HS pattern??Nota
I now have the same 10-15 people out there, posting on all my charts every single day only to tell me how bad or stupid I am. I would love to hear some constructive criticism if that was the case. But we are simply talking about hate - and maybe also some jealousyMy character D4rkEnergY have been cocky and arrogant here, BUT you will never hear me talk bad about others.
I told you. I am here to spread love and wisdom. And In fact really mean it. I don't hate, and even don't the few haters. Probably they must have some issues, since they have this urge to hate all the time.
I told you about a possible scenario with the bull flag, and once again of these haters was super condescending towards me, and told me we obviously would go down.
Wow, it must be embarrassing for this guy, now! :)
D4 loves you all - also his haters <3
Nota
Here Is The Best BITCOIN-Chart You Have Ever Seen - Wooow!
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