AU looks like it wants to make a flat pattern and break the high. Keep in mind all the fibonacci lines up right below where it is coming off so it can make one more small move down to the 78% fib.
Confirmations for Gartley Pattern
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement
- First TP at 0.618 (Fibonacci from D-A)
- Second TP at 0.382 (Fibonacci from D-A)
- Third TP would be back to where it all started
Good Trading.
There's a strong resistance at this level where several pattern's are colliding for bearish movement
MACD 4C shows divergence and EMA's indicate double top
Good Trading. -1h Chart
Confirmations for Cypher Pattern:
- A to B must touch 0.382 but cannot exceed 0.618 (on this case B is at 0.5)
- B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension)
- C to D must touch 0.786 of X to C
- First TP at 0.618 of D to C (Fibonacci)
- Second TP at 0.382 of D to C (Fibonacci)
ABCs inside left leg gave bearish impulse...
Dear Friends <3
Let's jump right in. We are right now taking a look at 4h NEOUSD Chart. And let me just start saying, that NEO is about get his behind kicked. It doesn't look promising.
It all started with the bear flag, which took us all the way down to 50 USD. But Big brother Bitcoin came to rescue in the last dying minutes, and helped NEO up on his legs...
Bearish Butterfly Pattern
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case it went a little higher because of Euro news)
- TP 0.382 TP2 0.618 (Fibo A-D)
X to D distance is 1.618 (1.618 golden ratio!)
X to B distance is...
Dear Friends!
D4rkEnergY is back with an super exciting Bitcoin-update. We have been witnessing a crazy fight between the bulls and the bears the last couple of days. But the bulls have right now a perfect opportunity to strangle the bears to death, and continue up, up up!! D4 will explain you why:
We are at this very moment looking at the 2h BTCUSD Chart.
1....
Confirmations for Elliott Impulse:
- 5 clear points
- 1 and 4 at same price (0.618)
- each retracement was confirmed with Trend-Based Fib Extension
Now after an Elliott impulse, there's always some type of consolidation, which is what we got with this bearish breakout.
I measured bearish breakout by placing 0.236 right below and we can see how it went straight...
First we got a pretty good resistance with a double top, which means we have a possible 2618 trade:
- double top
- measure impulse
- wait for retracement at 0.618
Double top + 0.618 = 2618 technique
I measured bearish impulse so I could confirm areas with some Support & Resistance and we can see how each pattern or consolidation was formed around those areas, even...
Hi friends!
D4rkEnergY is back on an update on Litecoin. As you can see from D4s earlier chart on LTCUSD it went EXACTLY as predicted. We went down and the bear flag completed, after that we had a bounce and went up again and hit the huge resistance level at the 50 % Fibonacchi Retracement Level. Thereafter we went sideways for a while, and finally we broke...
Dear beloved D4-fans!
So here is a quick update, on the new situation with BITCOIN CASH. Here is the original chart.
So at this very moment it seems like on this 2h BCHUSD chart, that an ascending triangle has appeared (also on the RSI), which means that we might go a little higher and NOT fall through D4s (admitted) not so convincing HS pattern he made on...
Confirmations for Cypher Pattern:
- A to B must touch 0.382 but cannot exceed 0.618 (on this case B is at 0.5)
- B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension)
- C to D must touch 0.786 of X to C
- First TP at 0.618 of D to C (Fibonacci)
- Second TP at 0.382 of D to C (Fibonacci)
At this point I expect Bitcoin to be bullish...
Hello, D4-fans!
D4rkEnergY is aware of, that not everyone wants to sit in front of the computer everyday and look at charts and prices going up and down! If you also have a life outside the Crypto world, if you also like to spend time with your family, friends and girlfriend (or boyfriend), like to watch football and also loves to party in the weekends, then...
BTC, 4hr chart, using fibonacci circles, and trend-based fib extentions. Looks like we have a likely chance to close the 4hr candle above the .5 TBF, which should help us gain support as we used the same line as resistance 10 days ago.
Should this happen, I see BTC pushing up to $9900, and then correcting slightly back to the .5 TBF, until we get to the 4.236...
