How do you become a good trader? Do you think you are good at predicting things? D4rkEnergY has said it before, but he will say it again:
Good forecasters all share one trait (besides being intelligent): open-mindedness. In everyday life, open-mindedness may be mistaken for having liberal political views, but in psychology it is thought to reflect how well you deal with uncertainty. Crucially, open-minded people tend to be able to see problems from all sides, which seems to help forecasters overcome their preconceptions in the light of new evidence.
So what does that mean? You probably remember, when I made this prediction 2 weeks ago? 2 Bitcoin-Scenarios You Need to Know About - The Chosen Ones!
2 weeks has past, and D4s 55 % scenario has so far been spot on. But we now also have more data, and we should always be open for new ideas and new plausible scenarios. And therefore, here is a new one, you should be aware of. It doesn't change that much, but it is important to pay attention to.
So let's jump in! We are taking a look at the 2h BTCUSD Chart. Let me just throw it out immediately. D4 is still super bullish on Bitcoin! We are still in an uptrend and the 1D and 4H chart also look bullish.
What I have shown in this chart is called a leading diagonal (the ascending wedge). We here assume, we are on the 3rd Elliott Wave. I don't want to go too much into Elliott Wave Theory, it might be too complex. But when we are talking leading diagonals we are allowed, as you can see, to let the 4th subwave go into the 1st subwave price territory. Anyway. So the 1st EW, in this scenario, started from 5,9k and went up to the yellow dot.
As we know ascending wedges are bearish, and as you can see, we also fell out from it. At this very moment we are going sideways, and a bear flag has been created. IF the bulls don't manage to push the price higher very soon, the bulls will be exhausted, and we will fall lower.
We will probably fall to around 10,7k which is equal to the 38,2 % Fib Retracement level. Hereafter we will go up again and test the inverse HS pattern. And we are back where we started.
So here is D4s advice to you guys: Always keep your eyes open for new ideas, and new plausible scenarios. Be open-minded when you trade and also in your life. D4 loves you <3
PS. Please give a BIG LIKE and FOLLOW. I now got more than 700 messages from people who wants to be 1 out of 100. Guys, be patient. D4 will reveal everything on Wednesday, and how to become One of The Chosen Ones.
Nota
Yea, Baby! The 55 % scenario D4 had from the start is still going STRONG! The scenario I described for you above, is out of play, which means we can stick to the one I already predicted weeks ago. And we are now about to take a short cut to heaven.
D4 has chosen to redraw his inverse HS pattern now we are so close. Normally when my company and I give our signals, we are very accurate, but here on TradingView D4 normally only use this for educational purposes to make you learn the basics. But at this moment, when we are so close, we need to be accurate.
As you can see, we are still on the 3rd subwave. We have squeezed the bears into an ascending triangle or a flag, and we will most likely see another steep uptrend. The inverse HS pattern will let us in. We have just had a MADC-Cross, and the RSI is pointing upward and give us room to go higher!
COME ON, bulls!! This is so important, not only for BTC, but also for the global crypto market, so people finally can feel comfortable. And we will very soon see a new crypto blossoming!
Please give a HUGE LIKE and FOLLOW for more UPDATE <3
Nota
BREAK OUT ALERT!! We are trying to break out, at this very moment...
GO BULLS! Please give a like for more updates! Thx, friends <3
Nota
So the bulls had a perfect opportunity to break through and up, but they are now hesitating. If they don't follow up quickly, we will fall through the descending wedge and now also due to the serious bearish divergence. The RSI starting to make lower highs.
Just to be clear. This is not a disaster. We might see a smaller correction, and go down a bit, but we will soon come back again and test the Inverse HS pattern.
D4 <3
Nota
Yup, so the bulls didn't manage to keep the pressure, and we are going into a smaller correction. Don't worry guys, BTC is still super bullish if we look at the higher time frames like 1D with EMA50 under us, and EMA100 and EMA200 way under us. RSI is making higher highs.
We had a chance to break out, but we will come back another time. As I said before, it's time to a smaller retracement now. A bearish MADC-cross is also on its way.
D4 Cares about you <3
Nota
The update is here, guys! Moment Of Truth! Bitcoin About to Penetrate Cxxx and Bxxxx!
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