Cypher
This Is How Whales Are Buying Your Bitcoins In This DipHi friends, hope you are well and welcome to the new update on Bitcoin ( BTC ).
Broke out a wedge:
On a 4-hr time frame, Bitcoin has broken out a falling wedge, and the target for this wedge can be $44K.
Tested the channel after breakout:
On a daily time frame, Bitcoin broke out a long down channel, and tested the previous resistance as support well. Now BTC needs to breakout $40K for any big move, because, here we also have EMA 21 daily resistance as well. This $40K level has been working as support and resistance in the previous history very well.
Strong support zone:
On weekly time frame a very strong supprot zone can be seen, that is from $35K to $28.6K. Whenever priceline is entering here it is starting big bullish reversal moves. There is also 100 weekly simple moving average support.
Big bullish Cypher pattern:
On a same weekly time frame, Bitcoin has also formed a big bullish reversal harmonic Cypher pattern.
Conclusion:
$35K to $28.6K is a big long-term support zone, therefore, a big reversal move is expected to start from this support area. Huge buying has already been witnessed several times in this 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
BTC Long: Not approved yet!In terms of time analysis today was a TRZ. And as per the above chart, Bullish Bat is obvious.
If the market wasn't so sentimental, I would recommend buying the dip. However, considering war's black swan, it would be risky to buy this dip.
Larger patterns are also forming, which may be used as exit points.
Good luck guys!
CITY formed bullish Cypher for upto 16% pumpHi dear friends, hope you are well and welcome to the new trade setup of Manchester City Fan Token (CITY)
On a 4-hr time frame chart, after the formation of bullish Gartley now CITY has formed another bullish Cypher pattern.
EURJPY BEARISH CYPHER PATTERNSHORT trade analysis on EURJPY .
Graph is looking bearish from upper trendline of Descending Parallel Channel to lower trendline . I found Bearish Cypher Pattern as well confirming price drop . Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
$BTC POSSIBLE BULLISH CYPHER In my last published idea about $BTC, I mentioned the possible AB=BC pattern and the support zone indicated in green. If the price fall below the support zone, there is a possibility of BULLISH CYPHER PATTERN to form on the daily time frame of $BTC and the last leg of the pattern, D point, is around $35,000. The targets of the formation are Fib 0.382 and Fib 0.618, with the stop at Fib -0.382.
Son paylaştığım $BTC ile ilgili düşüncemde olası AB=BC yapısından ve yeşil ile belirtilen destek bölgesinden bahsetmiştim. Fiyat olur da destek bölgesinin altına düşerse, günlük grafikte BULLISH CYPHER FORMASYONU oluşma ihtimali var ve formasyonun son ayağı olan D noktası $35.000 civarına denk gelmekte. Formasyonun hedefleri Fib 0.382 ve Fib 0.618 seviyeleri olup stop noktası Fib -0.382 noktasıdır.
Cypher on $ETH, $BTC included $ETH Put in a large daily cypher pattern, Buyers where at 786 trigger and 89 ema on weekly. It has an inside bar as well on daily tf, You can buy w stop against low and or on inside bar break high. I will update play tomorrow morning if i can find a smaller stop. I will attach $BTC as well below. If this helps and you guys want me to start posting some more, please throw it a like, thanks for looking.
Cypher trigger is 786
tp 1 is 382 (stars)
tp2 is 618
tp3 is pattern completion
Stop is below X ( I will not use this stop personally, I rarely do)
IRISnet (IRIS) formed huge Cypher for upto 272% pumpHi dear friends, hope you are well and welcome to the new update on IRISnet (IRIS).
During the previous market crash, IRIS formed a big bullish BAT which I shared as below:
Now during the current drop, IRIS has formed a big bullish Cypher on the weekly time frame once again.
QTUM formed a big bullish Shark for upto 258% pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin.
During the previous market crash, QTUM formed a big bullish Cypher which I shared as below:
Now during the current drop,QTUM has formed a big bullish Shark, on a weekly time frame. Right now after completing the final leg, the priceline has moved up, therefore, we can wait for some correction to buy it from the potential reversal zone.
THORChain (RUNE) formed big bullish Cypher for upto 369% rallyHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE).
Previously we had a nice trade of RUNE:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
$EGLD $BTC cypher pattern?Well, in accordance with my last idea linked below, we have this cypher pattern that could play out perfectly. In this case the target is more conservative.
SVOA | Bullish Anti Nenstar | Falling Wedge Reversal Entry SetupThailand SET Index | ICT Sector | Price Action & Chart Pattern Trading
> 1 Hour Timeframe - Anti Nenstar Bullish Pattern with Falling Wedge Reversal Pattern | ENTRY@BREAKOUT setup
Indicator:
> Smart Money Volume support
> Bullish divergent BBD crossing up baseline 0.
> Banker Fund flow Entry position
> KDJ Sto - uptrend purple ribbon
Trade with affordable risk ratio RR| 3:1
Always respect your stop-loss
Good Luck
TSLA at a Critical Spot- UpdateTSLA is currently at a make-or-break spot heading into earnings after hours today. Currently sitting right on its 200-day EMA and is testing a long-term uptrend line. Additionally has some bearish hidden divergence on the RSI. However, big bullish cypher formed and buyer volume is picking back up. Will be watching this one closely- Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on, previous charts are attached below
--Previously Charted--