$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.
Cypher
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
Radicle (RAD) formed bullish Cypher for upto 30.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Radicle (RAD) coin with BTC pair.
On a 4-hr time frame, RAD 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
Beat the BATS - Harmonic Bat PatternsHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the Harmonic Bat Patterns. There is a really cool tool on the platform that you can use called the Cypher Pattern, you can find this in your drawing toolbar, 5th from the top under the T for text. It helps you plot the points and identifies the correct distance for you clearly. I'm using it HERE :
From the chart, you can clearly see the bullish and the bearish bat example. If you move your mouse over the grey anchors, you will find the values that the distances between two points need to be. Spotting these patterns are extremely difficult and it takes a trained eye to spot them on a chart. However, if you're lucky enough to spot one, you have a clear trading setup with a high probability of win rate. NOTE that even though there are similarities, these are not the same as W-bottom patterns or M-patterns.
I hope you enjoyed and found value in this educational post today!
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IPCA LABORATORIES : Potential Harmonic Reversal The idea here is about Ipca Laboratories:
Ipca Laboratories Ltd is a fully-integrated Indian pharmaceutical company manufacturing over 350 formulations and 80 APIs for various therapeutic segments.
1. Bullish Cypher pattern completed on a daily chart potential trend reversal expected. However, if the trend continues downward then the pattern is nullified. Out of Falling wedge trend at the moment.
2. What is Cypher Pattern? Explained in the below image:
3. Double top completed and currently looks like a Double bottom pattern under formation as per chart at the time of publishing.
4. Trading way below 20 & 200 EMA on Daily chart & between 20 & 200 EMA on a weekly chart.
5. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, Weekly chart is Strong bearish & Strong Bullish on monthly chart.
6. RSI is at 30.37 on a Daily Chart at the time of publishing. This indicates almost oversold at the time of publishing.
7. MACD below signal line on daily chart, and converging towards signal line.
8. Hull Moving average on a daily & monthly is sell & on a weekly chart is a buy.
9. Wait for trend reversal & retest may be for long entry (short term). However, keep in watch list for the week & alert for price momentum.
Projected targets as per Cypher Pattern provided in the chart.
Stop Loss: Provided in chart as per Cypher pattern.
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”.
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Cardano: Bullish Cypher at an 88.6% RetraceWe have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6% retracement as we sttill have the 1.272 Confluence here.
BTCUSDT - Short Idea Over the Next WeekHi all,
This is my first post so please take it easy on me!
Here's a very rough idea of what I think may play out over the next few days. Share your thoughts and let me know if you have any ideas on how I can improve my TA/Harmonic usage!
I believe the recent bullishness in BTC is a fakeout/relief due to yesterday's drop. I'm looking to short BTC once we hit the 19400-19800 range and expect it to fall to the 17300 - 17900 area.
Good luck! Also, this is not financial advice, it's my first chart. lol.
BTCUSDT - Short Idea for the Next WeekHi all,
This is my first post so please take it easy on me! Here's a very rough idea of what I think may play out over the next few days. Share your thoughts and let me know if you have any ideas on how I can improve my TA/Harmonic usage!
I believe the recent bullishness in BTC is a fakeout/relief due to yesterday's drop. I'm looking to short BTC once we hit the 19400-19800 range and expect it to fall to the 17300 - 17900 area.
Good luck! Also, this is not financial advice, it's my first chart. lol.
aelf (ELF) formed bullish Cypher for upto 177% pumpHi friends, hope you are well and welcome to the new trade setup of aelf (ELF) token with BTC pair
Previously we had a nice trade of ELF:
Now on a daily time frame, ELF 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
AS Roma Fan Token (ASR) formed bullish cypher upto 15.50% pumpHi dear friends, hope you are well and welcome to the new update on AS Roma Fan Token ( ASR ) with US Dollar pair.
Previously we caught a nice pump of ASR in below trade:
Now on a 4-hr frame, ASR 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
EURNZD > Very Strong Setup for A Buy Entry!!Analysis of #EURNZD
the EURNZD is one of the most strong setups for me now in the market, here is why
1- trendline support at 1.6100
2- bullish harmonic Cypher pattern complete at 1.1600
3- Key market level 1.6100
My entry will be determined by how the market reaches my entry-level, either limit order, or wait for confirmation
Please support me by boosting this idea so it can get to more and more traders
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