#AirdropSafetyGuide
1. Gartley Pattern (Noble Shark)
Function: Indicates a trend reversal from bullish to bearish (or vice versa).
It starts with a price movement called XA, followed by a correction AB, then BC, and finally CD.
Point D is the Potential Reversal Zone (PRZ).
Counter: If the Gartley pattern is bullish, the counter is a bearish Gartley, and vice versa.
2. Bat Pattern (Bat)
Function: Similar to the Gartley pattern but with different Fibonacci ratios.
Characterized by the first correction (AB) being smaller.
Counter: Bullish Bat is countered by a bearish Bat.
3. Butterfly Pattern (Butterfly)
Function: Expects the end of a strong trend followed by a clear reversal.
CD extends more than XA (usually 127% or more).
Counter: Bullish Butterfly = sell signal, bearish Butterfly = buy signal.
4. Crab Pattern (Crab)
Function: Provides very sharp and strong reversal signals.
The leg CD extends by a high Fibonacci ratio (161.8%).
Counter: Like the others – bullish Crab is countered by a bearish Crab.
5. Shark Pattern (Shark)
Function: Used to detect short-term movements with strong reversals.
Not considered entirely classical like the others, but very useful for traders.
Counter: Bullish Shark is countered by a bearish Shark.
6. Cypher Pattern (Cypher)
Function: One of the relatively complex patterns, used by professionals to accurately predict reversals.
Relies on somewhat unconventional Fibonacci ratios.
Counter: Bullish Cypher versus bearish Cypher.