Hello beloved friends!
D4rkEnergY is here with a quick update. D4rkEnergY is NOT like the other authors, who often wont be accurate or precise in their predictions, because they are afraid of being wrong. D4 tells the truth. D4 tells exactly what he thinks and predicts whats going to happen! D4 doesnt fear anything!
Back to topic! We are right now looking at the 1h BTCUSD chart. As we can see we are in a nice uptrend with the EMA 50 above the EMA 100 and 200. A bullish flag pattern has taken form, which often lead to a steep uptrend right after. Often equal to the flag pole under the flag. If we measure that poles length we will find, it has the exact length to reach 11,400 USD, which also acts as a huge resistance level. We can see that on the bigger charts.
The RSI and MACD are both bearish at the moment, but it doesnt matter that much. We still have room to go a bit down, without destroying the flag!
So here are the 2 most likely scenarios:
1. The bears will soon give up, and a steep uptrend will happen as described above.
2. The bears will be able to keep the bulls in check for a longer time, which means we will go sideways (and maybe a little bit down) for a longer period of time. But because we have a nice trendline support plus the EMA50 under which also acts as support, the bears will not be able to push the price down too much. The result will therefore be, that the bulls will squeeze the bears into an ascending triangle, and the bears must give up and the price will also go up!
You are welcome, guys!
OUT
D4rkEnergY is everywhere
D4rkEnergY predicts everything
D4rkEnergY is here with a quick update. D4rkEnergY is NOT like the other authors, who often wont be accurate or precise in their predictions, because they are afraid of being wrong. D4 tells the truth. D4 tells exactly what he thinks and predicts whats going to happen! D4 doesnt fear anything!
Back to topic! We are right now looking at the 1h BTCUSD chart. As we can see we are in a nice uptrend with the EMA 50 above the EMA 100 and 200. A bullish flag pattern has taken form, which often lead to a steep uptrend right after. Often equal to the flag pole under the flag. If we measure that poles length we will find, it has the exact length to reach 11,400 USD, which also acts as a huge resistance level. We can see that on the bigger charts.
The RSI and MACD are both bearish at the moment, but it doesnt matter that much. We still have room to go a bit down, without destroying the flag!
So here are the 2 most likely scenarios:
1. The bears will soon give up, and a steep uptrend will happen as described above.
2. The bears will be able to keep the bulls in check for a longer time, which means we will go sideways (and maybe a little bit down) for a longer period of time. But because we have a nice trendline support plus the EMA50 under which also acts as support, the bears will not be able to push the price down too much. The result will therefore be, that the bulls will squeeze the bears into an ascending triangle, and the bears must give up and the price will also go up!
You are welcome, guys!
OUT
D4rkEnergY is everywhere
D4rkEnergY predicts everything
İşlem kapandı: hedefe ulaştı:
D4rkEnergY did it again. As always. He predicted the steep uptrend right after and we went up to 11,300 USD. To be fair we didnt go all the way to 11,400. Even D4rkEnergY can make a stupid mistake when he is making a QUICK update.
Because of the HUGE resistance at 11,4k people obviously are ready sell before that level. D4 forgot to take that into his equation, when he made the quick post.
D4 loves you <3
Because of the HUGE resistance at 11,4k people obviously are ready sell before that level. D4 forgot to take that into his equation, when he made the quick post.
D4 loves you <3
