D4rkEnergY is here with an exiting update on Bitcoin. But before D4 will jump in, he will spread some wisdom to you guys.
So trading is basically like quantum-mechanics. Have you ever heard about Heisenberg's Uncertainty Principle?
It is one of the most famous ideas and principles in physics. It tells us that there is a fuzziness in nature, a fundamental limit to what we can know about the behavior of quantum-particles and, therefore, the smallest scales of nature. Of these scales, the most we can hope for is to calculate probabilities for where things are and how they will behave.
The same goes for TA and trading. We can NEVER be sure of where we are going, but the best trader is the one who is best at figure out what is most plausible!
So this is a follow up on D4rkEnergYs chart from yesterday. As you can see, as predicted, the small HS pattern is taking form. We are squeezed into the decending triangle, and we will most likely go down. D4 already predicted days ago, we would go under 10,000 USD. But how low will we go?
D4rkEnergY thinks 9,100-9,300 USD would be optimal. We need this LONG JUMP and momentum if we want to go way above 10,000 USD. And history shows that. We can see that if we look at the yellow dot, and also further back on the chart. From there on, we will finally go up. The pink inverse HS pattern and the descent retracement will finally allow us that.
Kiss and hugs D4rkEnergy is Everywhere
PS. Again. It would mean a lot to D4 if you gave him a LIKE if u liked his analysis. It is much appreciated! Thx in advance, my friends!
Probably you know the joke.... Do you know why physicists so bad about sex? Because when they find the position, they can't find the momentum, and when they have the momentum, they can't find the position....