BTC Bullish cyper in ranging marketin the daily timeframe it is clear that BTC is making a downtrend and in the 4h timeframe BTC is making a sideways market. I see a bullish harmonic pattern which is a bullish cyper, correct me if I'm wrong. Hopefully it can be a reference for you.
Risk disclaimer!!!
Cypher
Stellar (XLM) formed big bullish Cypher for upto 200% big moveHI dear friends, hope you are well and welcome to the new update on Stellar (XLM).
Previously we have seen that the price action of Stellar formed a bullish Shark on the 4-day time frame chart and still moving in the potential reversal zone.
Now at the same time on the 2-week time frame chart, the price action of XLM has formed a big bullish Cypher pattern. There is also 25SMA support in the buying zone.
Buy and sell targets:
Buy between: $0.3474 to $0.2248
Sell between: $0.4439 to $0.6757
Stop loss:
The maximum extent of potential reversal zone $0.2248 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 200%, and the high loss possibility is 36%, however at this time the risk is low as the price action is already close to the end of 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.
Bitcoin (BTC) may complete bullish Cypher for upto 19% moveHi dear friends, hope you are well and welcome to the new update on Bitcoin (BTC).
Previously we had a nice trade of bullish Cypher pattern by BTC:
Now on the daily time frame chart, if the price action of Bitcoin will break down the 25 simple moving average then it can complete another bullish Cypher pattern.
Buy and sell targets:
Buy between: $34946 to $33210
Sell between: $36311 to $39592
Stop loss:
The maximum extent of potential reversal zone $33210 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 19%, and the high loss possibility is 5%, however at this time the risk is low as the price action is already at the end of 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.
FKLI TRADING : 291) consolidation phase-bullish bat patternthis is number 291...
another advanced pattern discovered side-by-side to the earlier advanced pattern, bearish cypher pattern...this is a bullish bat pattern...\
entry level is the controversial 1550 ---super strong support, also the indicator of sideway or bear market...entry is possible at 1552, SL below 1545, 1st tp 1570...no 2nd tp...haha...not sure if it is going back up this time...we hit this level at least 4 times this year alone...
the higher the frequency of the hit, the "softer" it gets, so, gud luck folks...
*plan your trade and trade your plan... gud luck*
higher resistance : 1592-1597
immediate resistance : 1572
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 290) consolidation phase-bearish cypher patternthis is number 290...
this is a late discovery...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have a bullish bat pattern...will make the intro in next episode...
*plan your trade and trade your plan... gud luck*
higher resistance : 1592-1597
immediate resistance : 1572
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
SILVER forecast - went into correction mode and might extend furSilver is witnessing quite a huge dip today,
opened gap down below the support area, seeing further massive sell-off , this correction might extend further as i see a probability of cypher pattern on the daily chart and the support of cypher pattern also aligns with weekly support around 64810- 63000.
Hence , even if we se any rally in the coming trading session , it might get consumed in another selloff.
Conclusion : short term trend is definitely bearish, but intermediate and long and long term trend is still bullish, so as a investor one can wait for 65000 - 63000 levels as an investment zone.
Stocks Squeeze Out HighsStocks keep trekking upwards and we have readjusted our cypher pattern to reflect more of a bearish butterfly. Our conviction is still that stocks are in need of a retracement, despite the fact that they keep squeezing out highs. Observe that there is a lack of clearly defined momentum, and lack of open drive patterns. This suggests a healthy retracement is in store before larger money can justify the price of a long position. The level 4272 is the next contender for resistance. Watch this for a rejection. Good targets for the retracement would include 4214, 4188, or 4144.
Cardano (ADA) formed bullish Cypher for upto 25.5% rallyHey dear friends, hope you are well, and welcome to the new update on Cardano (ADA) coin.
Previously we had a nice trade of ADA:
Now on the daily time frame chart, the price action of ADA has formed a bullish Cypher pattern. There is also additional support of 50 simple moving average in the buying zone.
Buy and sell targets:
Buy between: 0.00003944 to 0.00003684 btc
Sell between: 0.00004148 to 0.00004638 btc
Stop loss:
The maximum extent of potential reversal zone 0.00003684 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 25.5%, and the loss possibility is 7%.
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.
Zilliqa formed Cypher for upto 29% bullish moveHey dear friends, hope you are well, and welcome to the new update on Zilliqa (ZIL) coin with US Dollar pair.
Previously we had a nice trade of ZIL coin on 26th May:
Now on the daily time frame chart, the price action of ZILLIQA has formed a bullish Cypher pattern.
Buy and sell targets:
Buy between: $0.1019 to $0.0875
Sell between: $0.1132 to $0.1132
Stop loss:
The maximum extent of potential reversal zone $0.0875 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 29%, and the loss possibility is 14.5%.
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.
This is the last time BTC will go down before shooting up!Biden's going to make it go down with FUD and maybe US restrictions, then El Salvador and other countries are going to rapidly adopt it, causing it to go up dramatically! $31-29k at 16th June, then phase change to go up! Will predict once there!
Win counter: 0W, 0L
DOGECOIN CYPHER CLASSIC SHORTDoge is bearish to 30 cents or slightly lower. i want it to hold, i really do, but i am selling and waiting for better entries.
Stocks Stagnant... Dump Coming??Stocks seem unable to break past 4228, the level they attained based on NFP numbers Friday. If the S&P is unable to budge from this resistance level, it most assuredly will dump, and perhaps our Gartley pattern was correct after all. We are starting to see a bit of a dip back to 4214, and if this does not hold we will see support from 4188. Stocks do appear to be a bit overweight right now, and due for a correction, which could easily take us back to our target price of 4147, based on the CD segment of the cypher. The Kovach OBV is pretty stagnant so this could easily come to fruition soon.
Make Or Break Moments For BITCOIN (BTC)Hi dear friends, hope you are well and welcome to the new update on Bitcoin.
The bullish Cypher pattern:
On daily time frame chart, the price action of BTC has formed a bullish Cypher pattern. Even though the price action of Bitcoin has hit the sell targets of this Cypher pattern but now it is moving sideways.
Falling wedge:
On 4-hourly chart, the price action of Bitcoin has formed a falling wedge pattern. Even though the priceline of the leading cryptocurrency has broken out the resistance of this falling wedge but still the volume is too low to produce any bullish rally. However, if there will be buying volume appeared then a sell target according to this wedge can be $39500.
The Symmetrical triangle:
On the daily time frame chart, the price action of BTC is still moving at the support of a symmetrical triangle. The priceline of the king of all cryptocurrencies is moving at the support for 3 days. The more re-tests can result into break down the support. However, as the candlesticks are reached at the end of the triangle and this pattern is squeezed therefore now it is a make or break time for the Bitcoin. In case of breakout the technical target of this triangle can be $50K and incase of breakdown it can move down to $23K
The strong support and the golden pocket:
On the weekly time frame chart, the $30K is proven to be a very strong support so far, because whenever the priceline of BTC is moving at this support it is getting bounce towards the upside. The 30K support level is also very close to the Fibonacci golden ration of the complete bull rally on the weekly chart.
Conclusion:
As the price action of the Bitcoin has reached the end of triangle therefore these are the final moment for the BTC to make a powerful move to the upside or the downside. However, if the price action breaks down the support, then it will be very difficult that it will reach the $23K which is the technical short target of the triangle, because there is very strong support of $30K before this targets area.
An Upcoming Death Cross And Oversold Condition Of BITCOIN (BTC)Hey friends hope you are well and welcome to the new update on the Bitcoin (BTC)
The triangle and volume:
The price action of the leading cryptocurrency is still at the support of the triangle on the daily time frame chart. The volume is still too low to confirmed a break down. After placing the volume profile on the complete priceline of BTC moving within the triangle it can be observed that the traders interest is low below the support of this pattern and even above the resistance as well.
The strongest support:
On weekly chart, it can be seen that the price action of the king of all cryptocurrencies has found a very strong support at $30K and likely to have a bounce for the long term move.
And if we take a look at the Bollinger bands and the stochastic on the same weekly chart, then price action has found a good support at the lower bands and the Stochastic oscillator has given buying signal from the oversold zone.
A bullish Cypher pattern:
On daily time frame chart, the price action of BTC has also formed a bullish Cypher pattern and likely to start a bullish move from the potential reversal zone of this pattern.
Falling wedge:
On 4-hourly chart, the price action has formed a falling wedge pattern which is considered as a bullish reversal pattern among the traders community. At the moment this pattern has very much importance while the price action is at the support of the triangle on daily time frame.
An expected death cross:
On daily time frame the 50 simple moving average is moving down to form a death cross with 200 SMA which is considered as a strong bearish signal among the traders community. But if you watch the history of the BTC then whenever the 50 simple moving average moves down to form the death cross, the price action moves down aggressively but after the death cross the priceline of Bitcoin starts a recovery rally.
Conclusion:
As the triangle on the daily time frame is squeezed therefore, the next few hours are very much important and we can expect a big move.
Bitcoin (BTC) | formed bullish Cypher for upto 11% moveHey friends, hope you are well, and welcome to the new update on Bitcoin (BTC).
Previously we had a nice harmonic trade of Bitcoin:
This time on the daily frame chart, the price action of BTC has formed bullish Cypher pattern.
Buy and sell targets:
Buy between: $35698 to $34678
Sell between: $36500 to $38428
Stop loss:
The maximum extent of potential reversal zone $34678 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 11%, and the loss possibility is 3.
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.