Cypher
United Spirits (McDowell_n) Waiting for Breakout.The idea here is about United Spirits (McDowell_n).
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Engulfing candlestick formation on a weekly chart at the time of publishing.
2. Anti Cypher Pattern looks ahead.
3. Downtrend Channel resistance tested might break the channel in coming week.
4. Resistance on 20 EMA on a weekly chart, support established on 50 EMA & Trading above 200 EMA on weekly chart.
4. Kumo Twist & Breakout on a weekly chart is neutral & currently consolidating. However, Kumo Breakout & kumo Twist on daily chart is strong for a upward momentum.
5. RSI is at 49.34 on a weekly Chart at the time of publishing.
6. MACD Crossover signal line on weekly chart.
7. Hull Moving Average is a Buy Signal on Daily, Weekly & monthly chart.
8. Enter long if Price breaks above the resistance. In, any case keep a price alert.
9. Volume Spike in weekly chart signals strong Momentum.
Projected targets as per Anti Cypher Pattern & Downtrend channel provided in the chart.
Stop Loss: Enter only if price breaks the trend & Retests.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
Cheers.
Gold 3-7 OctoberGold is now rising, indicating a short-term slowdown.
The downtrend continues in the long term.
If can't rise-up above 1693 that would mean a reversal signal would occur.
If gold breaks through the 1614 support, the downtrend will continue.
and I looking for Cypher pattern. Good LUCK!!
Perfect automated detection of Cypher & Shark PRZ - ShortA Bearish-type Cypher pattern occurred.
If the price rises to 1.3597, a Bearish-type Shark pattern could occur.
Also on the weekly chart, Bearish-type Cypher pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
SPX is now holding on a support SPX is now as seen in the chart is holding in the orange colored line (support). Either it bounces back or breaks down which is very hard hard to forecast. As you can see the is also a H&Ss pattern in which its neckline is up-slanted. Targets is highlighted in chart as it is very close to the Cypher wave target.
ADAUSD: Trading at Harmonic Levels of ConfluenceADA Right Now is Trading at the PCZ of a small Bullish Gartley(The Harmonic furthest to the right) and a Bullish Cypher(The Harmonic in the Middle) and A Shark(The Biggest one to the left) Usually ADA tends to lag after XRP so as long as BTC holds these levels we should be able to see ADA break above the trendline from here in the coming weeks or atleast test the trendline and if ADA Breaks the Trendline i'd expect to see it get bought up to the next maor resistance at 89 Cents.
The trendline mey just act as a Bullish Dragon Validation Line if it breaks out.
Here is a zoomed in screenshot of the Army of Harmonics we have here before us:
City Fan Token (CITY) formed bullish Cypher for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Manchester City Fan Token (CITY) with BTC pair.
Our last successful trade of CITY was below:
Now on a 4-hr time frame, CITY has almost completed the final leg of a bullish Cypher move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bullish Cypher Pattern on PTN ChartThis pattern gives a first target to return to level A at about 8.10-8.20 and a second target to return to level C at around 8.50.
Anticipated Catalysts for remaining 2022:
NA/US Licensing Vyleesi
ROW Licensing Vyleesi
PL3994 PH2 Heart Failure Data
Diabetic Nephropathy PH 2 Initiate Study
Something should also happen with the preferred shares at the end of September. (Convertible at $11.25 to common shares, Redeemed for debt, or basically cancelled)
Drep Token formed bullish Cypher for upto 19.50% moveHi dear members, hope you are well and welcome to the new update on Drep token with US Dollar pair.
On a 4-hr time frame, DREP has almost completed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ETH cypher $ETH has a daily inside bar break high at the golden ratio/ 618 fib level ( also the 1.272 ext of first wave lower) ideally a break high and hard drop i would have interest in a long off 786 trigger of this cypher pattern. WIth price action only. Please note highlighted structure lining up with 618 fib level, it can make a move from here.
Price action to look for is always as follows = Pin bar , engulfing bar or inside bar . In addition a 2/618 double bottom or low time frame harmonic.
BTCUSD: Bullish Cypher at Weekly Support Congestion ZoneBTC leading to the Fed SPeaking in the 21st may see a rally from the Support Zone it's been trading within. It formed this Bullish Cypher/Shark on the Daily and rallied about 61.8% of the way before failing and pulling back down again. This sorta action is very dangerous as it makes me think it could be a Bearish 5-0 that could lead to us making a lower low and if we do that we will likely come back down to atleast the 786 retrace below at 17.8k. But as of right now the move down to PCZ of this Harmonic has been fast and on above average volume with a wide spread so i believe that we have a high chance of recovering the bearish price action and trading back to the top of the range as the new trading week begins, and if we break above the range we could see a secondary target of $26.5k
LINKUSD - Bullish CypherSee chart. Lots of hopium.
Bullish cyhper, ichimoku looks good for a reversal to a sustained up trend.
Zooming out: there's a formation of an inverse head and shoulders. If wave 4 is a throwback on the H&S, wave 5 could extend to hit the H&S target. Of course this is all very speculative. Just ideas of a green future.
GBPJPY: Bearish Cypher Pattern Cypher Patterns are a great way to spot entry points, with any given trend.
Cypher advanced formation is the most accurate formation among all advanced formations. It is about 70% accurate if identified correctly.
In this case, I believe that GBPJPY is creating a BEARISH Cypher Pattern.
At the point we are at, right now,(166.00) i see GBPJPY reaching my TP2 of 166.596, and then dropping to at least 165.5.
I suggest Longing to the 166.5 region and then sell once we reach 166.5.
Perfect automated detection of Cypher pattern PRZ - ShortA Bearish-type Cypher pattern may occur when exceeding 0.6186.
There is also a resistance zone at 0.6200-0.6230.
(In this resistance zone, there was a rebound in 26 Aug, 06 Aug, ...)
Short after pattern generation and seeing the rebound.
*Harmonic patterns is automatically detected using the indicators below.
- Harmonic auto-detect PRO
Curve DAO Token (CRV) formed bullish Cypher for upto 19% pumpHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with Bitcoin pair.
Previously we caught a nice pump of CRV:
Now on a daily time frame, CRV has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTC Bullish Cypher UpdateSo.. This is just a follow-up to a previous Chart that i plotted on BTC several weeks ago. At the time we were in the midst of our first bottom but now we are doing a secondary bottom on the weekly and have confirmed a Bullish Morning Star Doji with Weekly RSI Divergence. At this rate we should be able to rally back to the 200 week Moving Average at around $23,000 and if we close back above it we can very easily see BTC move up 10s of thousands of dollars Likely to the 61.8% Retrace.
The Original Setup for both BTC and the Total Market Cap can be seen in the related Ideas tab below.
SushiSwap (SUSHI) completing the leg of Cypher for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ) with Bitcoin pair.
Previously we caught a nice pump of SUSHI:
On a 4-hr time frame, SUSHI is about to complete the final leg of bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade