D4rkEnergY can be arrogant and cocky! He knows. He has been right almost every single time the last couple of weeks, but the last 2 BTC-charts were wrong. -And don't get him wrong. He will admit when he isn't right - that is part of trading!
Let's jump in and take a look at this 4H BTCUSD Chart - It's pretty interesting in fact.
We are most likely on the 4th Retracement and are in the process of an ABC-correction.
C-Wave: Always consist of 5 Waves (as you can see if we look at it from a classical charting point of view, we should soon go up according to the descending we are in)
This whole ABC-structure is a (535) Structure. According to Theory and Fibonacci Ratio Relationship we have some rules, which match my prediction so far:
- The B Wave is 85.4% of wave A, which is allowed.
How Do We Find The Target:
- The C-Wave has to be at least 61.8% of wave A, which should shoot us up in 4,235 USD, which once again also match price resistance and looking at the .
I promise to update you shortly if/when we have confirmation on a 1st sub wave on C!
I hope you liked the content - please leave a LIKE!
This is what the pros want though. Get rid of all retail investors, before they can buy cheap up and create a new hype!!
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