BITCOIN in CRUCIAL Decision Right NOW - Will We Go To 10K?
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 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 .
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. is decreasing, which is normal when we are getting closer to the end of the . 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!
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PS. Throw a LIKE and some LOVE to D4, and this will be OUR YEAR!
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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!
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!
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.
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!