Bearish cypher ideaMy bear nose told me to tell you that it smells like a bearish cypher so I'm telling you.
Possible channels and waves. Keep it simple
Cypher-harmonic
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark.
In #ElliottWave, this is Cycle Wave C (turquoise).
Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play.
The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins.
#Harmonics are showing #Cypher Patterns, a combo actually, on different degrees.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Cycle C (turquoise)
* Harmonic Patterns: Bullish Cyphers
* 88.6% Fibonacci Retracement
* Break-Out with Divergence
* Leading Diagonal in Primary Wave ① (white)
Conclusion:
After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction.
Alt Season to start and deliver, based on #BTC losing ground.
After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
BITCOIN new ATHs !? BITCOIN new all-time highs ?!
Hello ❤TV community 👋
The new year is still young and the bulls could really take off here ...
Here with a bullish option and a WolveWave(WW) and the targets on the upside.
🖥Intraday chart (12h) and everything important
💡 Everything important in the chart 👀
💥bullish CYPHER Harmonic 👀
👉Volume analysis 👀💪
👉Daily MA50 re-test 👀🔥
🔥BITCOIN roadmap/outlook (from 27th february 2024)
If you like this idea, please leave me a 🚀 and follow for updates 🔥⏰
Furthermore, any criticism is welcome as well as any suggestions etc. - You're also very welcome to share this idea.
Have a nice evening & successful trading decisions 💪
M_a_d_d_e_n ✌
NOTE: The above information represents my idea and is not an investment/trading recommendation! Without any guarantee & exclusion of liability!
Classic Cypher PatternTatacomm made made cypher pattern on daily charts wih decent oi.
All indicators (MACD,RSI & ADX) positive.
Risk:Reward = 1:3
ALGORAND ROCKET SHIP!!I believe Algorand has bottomed in the way of a bullish shark or cypher pattern. I've outlined entry and exit points. I have accumulated a crap ton of Algo. I just wanted to let you all know. Now you do what you want with this info. Good luck
Unfolding Patterns in Gold: Bullish Gartley and Bearish CypherGood day traders,
It's been a while, and I trust everyone has been doing great.
Permit me to share my thoughts on the Gold market and the potentially unfolding patterns I am anticipating.
In the current gold market, I have identified two potential harmonic patterns that may be unfolding. The first and larger pattern is a potential bullish Gartley pattern. The X leg originates at 2286.83, and the A leg peaks at 2483.74, establishing the impulse legs. The B leg appears to have completed at 2365.915, corresponding to a 61.8% retracement of the XA leg. At the B leg, the price seems to be finding support. If this support holds, I anticipate a rally towards the 2430-2442 region to form the C leg. Subsequently, I would expect a price drop, provided it is indeed a Gartley pattern. A decline below 2341.540 would invalidate the Gartley pattern formation.
The second and smaller pattern is a potential bearish Cypher pattern. The X leg began at 2483.74, and the A leg seems to have completed at 2383.930. The XA leg was retraced by less than 50% Fibonacci at 2413.715, forming the B leg. Currently, it appears that the price is finding support at 2365.915, which could potentially be the C leg. If this support level holds, we might expect a rally towards the 2430-2442 region, confirming the larger Gartley pattern. If the Cypher pattern is valid, we could see a further rise in price towards the 2471.64 and 2480.00 region to complete the bearish Cypher before a subsequent drop. A drop below 2363.655 would invalidate the potential Cypher pattern formation.
It would be best to wait for a break above the 2384.518 price region in order to allow the market show commitment to move higher. This could provide additional confidence in the outlined outlook. Please note that these patterns may not be formed eventually.
Cheers and happy trading!
Cypher Bearish Pattern on ROKU (3H Timeframe)🔍 Overview:
Spotted a bearish Cypher pattern on ROKU's 3-hour chart. This setup looks promising for a short trade! 📉 The RVOL average is increasing, which gives us a bearish confirmation. However, be cautious as the "High Volatility" dots indicate potential for drastic and unpredictable moves. 📊
📉 Chart Analysis:
1️⃣ The Cypher pattern indicates a potential reversal from the recent uptrend, with resistance around the $64.28 level.
2️⃣ The increasing RVOL average supports the bearish sentiment, suggesting more sellers are entering the market. 📈
🎯 Trade Setup:
Entry Point: Look for confirmations as the price approaches the resistance level.
Target 1: $58.86 💰
Stop Loss: $64.28 🚨
📝 Why I'm Interested:
The combination of the Cypher pattern and increasing RVOL provides a strong bearish signal. The "High Volatility" dots highlight the need for caution but also present an opportunity for quick profits if managed carefully. 📊📉
📅 Timeframe: Monitoring this setup on a 3-hour chart, so keep an eye on shorter-term price movements. ⏳
🔔 Stay Updated: Be ready to adapt your strategy as the price action unfolds. Let's get it! 🤑✌️
#ROKU #CypherPattern #RVOL #HighVolatility #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📉🐻
CVX making bullish Cypher Harmonic PatternCVX is in the process of making a bullish Cypher Harmonic Pattern. We are in a zone that could possibly become the bottom, but first we have to establish the bottom. And then we can aim for 3 green fib zones for taking profits. Please note that we are in a downward channel move, so for sure, breaking out from this channel can be very bullish.
AMD making bullish Cypher Harmonic PatternAMD is in the process of making a bullish Cypher Harmonic Pattern. We are in a zone that could possibly become the bottom, but first we have to establish the bottom. And then we can aim for 3 green fib zones for taking profits.
PYPL making bullish Cypher Harmonic PatternPYPL is in the process of making a bullish Cypher Harmonic Pattern. We are in a zone that could possibly become the bottom, but first we have to establish the bottom. And then we can aim for 3 Golden fib zones for taking profits.
DKNG final pattern to target Doing a final look at the price action of DKNG and it seems we are in a huge cypher pattern. Price will need to kick back up and hold at 30 (magenta line). Its been my experience these patterns typically have the deep retracement and then rally back upside. They can be fast going up and then dramatically deceiving and slow coming down. The pattern terminates 37.55 , but the Gann box is at 40.. so I am suspecting (without confirmation at this time) that a new mico bullish harmonic will develop at the APEX. Thsi is also near the 3/1 Gann angle and usually is a strong terminating or promoting area. In this case I think this pattern will draw in late comers and then the dramatic drop in price will commence, but 40 remains the target until we can get additional information later in this cycle. NOTE: The top is the same top from the previous charts for DKNG.
BTC Bearish CypherWe saw a bearish Cypher play out on the higher time frames for BTC. About 500 points away from a perfect 786 touch but, this is still valid. The smaller Butterfly played out. Thank you
BTC Geometric Price and Time projectionThis chart looks at a 200-day dominant cycle of BTC (current DC is actually 185 days peak to peak represented int he Gann Box). Based on this analysis with geometry and gann boxes at the 185-day dominant cycle length, I see a price for BTC at 39K by October. I think this is a very conservative target. That said the geometry of it all cannot be ignored. The 0.25 and 2.5 shows up in multiple places with a perfect 0.33 on the 0.25 Gann Box representing the price axis bringing completion of peak to peak at 185-200 day cycle around 39,000 - 40,000. I could also see a flash dump in the next day or two down to 29,600, but that is the bottom. BTC has moved sideways for the majority of its declining cycle strength which tells me it has strength. Long story short I would not be trading this market and accumulating for the longer-term is probably the best move.
EURCAD ADVANCE HARMONICS PATTERN EURCAD has formed an advancve harmonics pattern Chypher Bullish on its daily chart.
The price is trading below near the long entry level EL: 1.43684.
ST: 1.43045
Targets:
23% CD: 1.45138
38% CD: 1.46409
62% CD: 1.48496
79% CD: 1.49947
Bitcoin Bruh!This weekly chart is making my whiskers twitch.
I've been out all night, running in the woods.
If the Cypher is real, we are going to the moon!
If the Bear Flag is real, I'll be running for the hills with my tail between my legs!
What do you think?
Owhooooo!
XAUUSD 2023 05 18 Potential Cypher Pattern This is alternative way for me to predict XAUUSD.
With this simple method, there is no many words to say.
Just let's hope this pattern works and we all make profits.
For other way to predict, please see the related idea below.
Thank you. Wish you guys all the best luck and always profit.
Thank you.
usd rubFirst Cypher , later ABCD. This analysis is not for trade , just wanted to see usd rub reaction to that analysis ))
Short Plan for WooOKX:WOOUSDT.P
The details are on the graph.
It is worth to try.
Good Luck Everyone.
HindalcoHello & welcome to this analysis
In this chart we can see
a diagonal breakdown which bought the stock down to 380
where it went into form a bullish harmonic cypher
to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
AMP Bullish harmonic cypher showing potential price outbreakHello
Today I bring you a harmonic cypher showing bullish signs on AMP.
A typical harmonic cypher pattern is bullish IF:
The initial leg, the XA leg, rallies higher from the starting point at X.
The AB leg moves lower to retrace the XA leg. This retracement should bring prices to between the 38.2 to 61.8 percent level of the XA leg.
The BC leg moves higher and takes out the swing high at point A, and terminating between the 127.2 and 141.4 projection of the initial XA leg.
The CD leg moves lower and terminates near the 78.6% retracement level of the price move from point X to point C.
Upon the price reaching the 78.6% retracement level at point D, the bullish Cypher pattern is considered complete, and a price rise is expected.
The retracement percentage to point D did not reach past 70% but, despite this, all the other characteristics of the bullish harmonic cypher match the one on our chart.
GOLD : Xauusd Cypher Harmonic Pattern OANDA:XAUUSD
Price is making Harmonic pattern , It's a possible cypher pattern
C leg possible extension is 1.13-1.27 which is 2044-2060 area
D led extension is 0.786 which is 1970 area
After completion of X-A-B-C-D cypher pattern market can give retracement of 38.2-61.8 %
For confirmation , C and D leg should keep in there maximum extension range to make it valid pattern
STXUSDT Mid-Term Short PlanOKX:STXUSDT
Today, CPI data will be released.
It is very important for all markets as well in Crypto.
After CPI data, I believe that it will start a sell pressure in all markets and If we support this idea with technical analysis we can do something like in the chart.
STX is on a good level with supported technical setups like Libra + Cypher + Elliot.
The main target is far away but it is not impossible because when you look the chart zoom out you will see that STX had a solid rally in near future and needs correction...
Therefore, the main target will be the bigger harmonic pattern D point as pointed on the chart.
May the force be with you.
Good Luck!
Quick Long Trial at the beginning of the week BAKEMEXC:BAKEUSDT
Two bullish harmonic cross at the same level which is a support and resistance swing zone.
It is also the 0.5 correction of the uptrend.
With a bullish signal we can try our chance by using ATR to arrange a stop out point.
Good Luck Everyone!
