Dear Friends!
D4rkEnergY has finally had 8 hours of sleep tonight! That's the first first time in now 4 months - and that's all I needed to figure out THE ANSWER, you all want to know about.
HOW LOW WILL WE GO BEFORE BITCOIN WILL GO BACK IN AN UPTREND?
To answer that question I have taken a look at the Weekly BTCUSD Chart! At this very moment we are at 7,150 USD. We are in a a downtrend descending wedge-pattern, which we have been in since our All TIme High at 20,000 USD. We are getting support from an up trendline, which started back in March 2017, where we also began our 1st Elliott Wave. We are struggling with the EMA50 right above our head.
Firstly I want you to pay attention to the hidden bullish divergence. The price is making higher lows, while the RSI is making lower lows. It means we - in isolation - could expect to continue our journey up at the before mentioned trendline.
We can also see, that the bears slowly are losing momentum. The decrease in height on the volume bars (which now are under the MA20 Volume) and the MACD histogram confirms that.
BUT... When that is said, we still don't have no real convincing signs or confirmation on a reversal yet. I'm not saying that we cannot go a bit higher, but we will also go down again. We will probably also see a bounce at the double bottom at 6,000 USD, but it will not be enough to send us in an uptrend!
My Ladies and Gentleman, I will now, as the first one, give you THE ANSWER you all have been waiting for:
4,888.7 USD!!
Mark my words, guys! Remember this number. I will now tell you why, we will see a reversal at this point. Literally EVERYTHING is showing us, that this is our target.
1. It will perfectly match with our EW-structure and the ABC (5-3-5 ZIG ZAG)-Correction!
2. It would be equal to a perfect 78,6 Fibonacci Retracement
3. EMA100 is also there
4. In a consolidation-phase when the price is in the middle of the Purple Value Area (Volume Profile), we tend to jump between a High Volume Node to a Low Volume Node. As you can see, we are right now on a H.V.N.- and our target is a very short L.V.N.
5. It would also perfectly match with an optimal jump out from the narrow wedge, at that point.
You are welcome, guys!
D4 Loves you <3
Please do ma big favor and give me BIG LIKE - I put a lot of work in making these charts for you. Thanks in advance, my friends :)
D4rkEnergY has finally had 8 hours of sleep tonight! That's the first first time in now 4 months - and that's all I needed to figure out THE ANSWER, you all want to know about.
HOW LOW WILL WE GO BEFORE BITCOIN WILL GO BACK IN AN UPTREND?
To answer that question I have taken a look at the Weekly BTCUSD Chart! At this very moment we are at 7,150 USD. We are in a a downtrend descending wedge-pattern, which we have been in since our All TIme High at 20,000 USD. We are getting support from an up trendline, which started back in March 2017, where we also began our 1st Elliott Wave. We are struggling with the EMA50 right above our head.
Firstly I want you to pay attention to the hidden bullish divergence. The price is making higher lows, while the RSI is making lower lows. It means we - in isolation - could expect to continue our journey up at the before mentioned trendline.
We can also see, that the bears slowly are losing momentum. The decrease in height on the volume bars (which now are under the MA20 Volume) and the MACD histogram confirms that.
BUT... When that is said, we still don't have no real convincing signs or confirmation on a reversal yet. I'm not saying that we cannot go a bit higher, but we will also go down again. We will probably also see a bounce at the double bottom at 6,000 USD, but it will not be enough to send us in an uptrend!
My Ladies and Gentleman, I will now, as the first one, give you THE ANSWER you all have been waiting for:
4,888.7 USD!!
Mark my words, guys! Remember this number. I will now tell you why, we will see a reversal at this point. Literally EVERYTHING is showing us, that this is our target.
1. It will perfectly match with our EW-structure and the ABC (5-3-5 ZIG ZAG)-Correction!
2. It would be equal to a perfect 78,6 Fibonacci Retracement
3. EMA100 is also there
4. In a consolidation-phase when the price is in the middle of the Purple Value Area (Volume Profile), we tend to jump between a High Volume Node to a Low Volume Node. As you can see, we are right now on a H.V.N.- and our target is a very short L.V.N.
5. It would also perfectly match with an optimal jump out from the narrow wedge, at that point.
You are welcome, guys!
D4 Loves you <3
Please do ma big favor and give me BIG LIKE - I put a lot of work in making these charts for you. Thanks in advance, my friends :)
評論:
See you on "Europa"
評論:
Here is THE CHART there will tell you, how we will reach 4,888.7 USD!
評論:
Let Me Be Clear - NOBODY is able to come up with such an EXACT NUMBER as:
4,888.7 USD
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D4rkEnergY <3
4,888.7 USD
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D4rkEnergY <3