Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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HOUSTON, We are ready to take off!
(This is an alternative correction to the ABCDE-correction here)
D4 <3
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As you can see we are meeting extreme resistance cause we are trying to leave the Purple 70% Value Area. But I think we are going to make it!
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And we are moving but got stop so far at 5,200 USD. We are in a zone of confluence resistance!
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5230 now - IF we don't get higher we still have this scenario, which was my initial idea I told you about yesterday. It's always a good idea too have multiple scenarios in your head, so you quickly can adapt.
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Beautiful :D
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Had a really hard time to figure out this correction pattern. And we had invalidation in this one her, but also when I thought we instead would see a Flat 335 Structure. So its not easy, and sometimes it just doesn't make sense.
I'm pretty sure that we will go higher. In fact that we will reach around 6,000 USD - and most likely higher. WHY?
When Dark Energy posts a trade idea, its usually a good idea to trade the opposite, in this case it's so obvious that Dark Energy probably landed it correctly but his use of Elliot Wave is embarassing for a supposed top author.
kardia
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How is it that almost every time you post a trading idea, the opposite happens?
GER-Quality-Trades
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Counting elliot waves in crypto is not the right way to deal in an unregulated market. This works for stocks and commodities, but not in the wild west :-)
Appreciate your work anyway