$UPST Bullish Cypher FormationsUpstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform in the United States. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.
Cypher
ATOM formed cypher for upto 28% profit rallyHi dear friends, hope you are well and welcome to the new trade setup of Cosmos (ATOM) coin with BTC pair.
Previously we had a nice harmonic trade of ATOM:
Now on a 4-hr time frame, ATOM formed bullish Cypher pattern. At the moment, after the completion of the final leg, the priceline is moved slightly up. Therefore, we need to wait for a little correction to buy it from the buying zone.
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.
$SPYThe investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
NEO coin formed bullish Cypher for upto 14% moveHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with BTC pair.
On a 12-hr time frame, NEO 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.
NASDAQ Bullish CypherAwaiting confirmation and volume.
Should have made the chart on trade view, but started on MT4 already, this type of trade ideas have about 80% probability of profit. But there are too many uncertainties in the market and the trade volume is currently low.
ES Daily 03/03: Bear temporarily in controlES rallied higher into open, then started to drop and soon broke the overnight low. It finally found a bottom around 4341, made a clear abc bounce, reclaimed over 61.8% then dropped almost the whole afternoon, made a double bottom 15 minutes before the close. The whole day action fits the typical pattern of reversal day, and the rally since Sunday night is choppy and overlapping, all of these force me to shift the odds to bears temporarily. Assuming this thesis is right, how low can we go?
Well the rally from past few days form a very nice parallel, so I have to take the abcde pattern into consideration. If this is the case, then we are likely to find support between 4290~4300, and bottom is more than likely to hit before tomorrow NFP or shortly after that. According to EW theory, such structure should not happen in wave 2, so I have to put it as wave (B). Given the news of Ukraine crisis still pretty much affect the market, this scenario fits pretty well. But once the 4290 is broken, next micro support would be around 4250~4260, and a standard wave (2) typically find support at 50~61.8% retracement, plus the whole hundred number effect, I would give a general support zone of 4200~4260, it would be hard to predict exactly where it finds the bottom, but I would be eager to find bottoming structure if market reach there and buy calls for further rally. And if bears is really strong, for example if whole Friday is trending down, then it's possible that we will finish a cypher pattern which target all the way to 4175, this case may also happen if Friday is weak and more bad news from Ukraine came during the weekend.
Please be noted my bearish bias is due to pattern, and it's purely short term. In the intermediate term, no matter what, I would expect the market find a bottom in next two trading days, and start our rally toward 4700, which could be in late March. Also bears in short term control only if afternoon high of 4395.5 holds or in the worst case, morning high of 4418.5 holds, whenever that happens, bear lost already, and we will go probably 4580 range next. Also bears need to start the drop no later than tomorrow's noon, any further delay would fail the pattern and we will probably need to find something else to match.
BTC 4H UpdateBTC 4h looking like we could print another trigger wave on cipher B and see some more short term upside, potentially even break the previous high which would be the ideal scenario, but I am still leaning more towards a bearish scenario where we come to retest the bullish daily OB.
Money flow is still in the green and we are sitting on on 4h support, we could hold either of these 2 levels and continue higher, but seeing as we currently have a lower high on the daily I think this is less likely to happen.
Helium (HNT) formed bullish Cypher for upto 15.5% moveHi dear friends, hope you are well and welcome to the new trade setup of Helium ( HNT ).
Previously we had a nice trade of HNT as below:
Now on a 4-hr time frame chart, HNT has formed a bullish Cypher pattern.
OG Fan Token (OG) formed bullish Cypher for upto 25% moveHi dear friends, hope you are well and welcome to the new trade setup of OG Fan Token ( OG ) with BTC pair.
Previously I shared a trade plan of OG with USD pair, which is still in play:
Now on a 4-hr time frame chart, OG has formed a bullish Cypher pattern.
SOL/USD - Short. H&S, Fib Circles, Cypher Pattern...There are a lot of interesting features on the SOL/USD chart. Assuming that Bitcoin and Ethereum continue to trend down, this head and shoulders pattern will likely be successful. Looks like a short term short opportunity, just prior to a longer term long.
Bearish:
Rejected by the top of the downward trend line
Visible head and shoulders pattern
Bullish:
Cypher pattern valid after slight move down
Bullish hidden divergence on the RSI
Many other oscillators indicate oversold levels
Note levels of support per the fib circles.