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Cypher

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.
FX:SPX500Short
by quantguy
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.
by moon333
2
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.
Long
by moon333
4
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.
Long
by moon333
1
Stocks Break Down From Cypher Pattern!!Stocks have begun to break down from our Gartley cypher pattern. We saw a rejection at 4224, but support from 4188, which we anticipated. If our pattern is to be trusted, we will have a profit target at the 50% retracement of the C-D segment of the Gartley pattern, which puts us at 4147. If you're in this trade, consider narrowing your stop loss to lock in profit. The Kovach OBV is still pretty flat, so we could anticipate some ranging here.
FX:SPX500Short
by quantguy
1
GBPUSD > Simple Setup For a Buy!!Analysis on #GBPUSD Hello friends. Falls breakout above 1.4235 yesterday that collected so many stop losses and went back to close inside the range, if you waited for the 4 hours candle to close you wouldn't have fallen in this trape, which I explained on my analysis " link below this idea" I still want to buy this market up if provided a good entry with a good risk to reward near the structure support. if this setup delivered value to you, like and comment Check today analysis below⠀ >>It’s not what we do once in a while that shapes our lives. It’s what we do consistently. ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
2
QTUM formed a big bullish Cypher for upto 200% moveHey dear friends, hope you are well and welcome to the new update on QTUM coin. On the weekly time frame chart, the price action of Qtum has formed a bullish Cypher pattern. There is also 25 simple moving average additional support in the buying zone and the 50 simple moving average below 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.
Long
by moon333
IOTA formed big Cypher for powerful bullish reversal rallyHey dear patrons, hope you are well, and welcome to the new update on IOTA (MIOTA) coin. The previous bullish Cypher move of IOTA produced very big bullish rally: Now this time on the weekly time frame chart, the price action of IOTA has formed another bullish Cypher pattern. After entering the buying zone the priceline has moved above the potential reversal zone area but it may give us another chance to catch it from this buying zone. I am expecting a big bullish reversal move from this Cypher pattern. Buy and sell targets: Buy between: $0.8888 to $0.5214 Sell between: $1.17 to $1.87 Stop loss: The maximum extent of potential reversal zone $0.5214 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 250%, and the big loss possibility is 41%. 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.
Long
by moon333
1
Chainlink (Link) formed another big Cypher for upto 150% rallyHey dear friends, hope you are well, and welcome to the new update on Chainlink (LINK). The previous bullish Cypher move of LINK produced more than 112% profit rally: Now this time on the weekly time frame chart, the price action of LINK has formed another bullish Cypher pattern. There is also 50 simple moving average support in the buying zone and 100 SMA below the buying area. Buy and sell targets: Buy between: $23.65 to $16.78 Sell between: $29.04 to $42.01 Stop loss: The maximum extent of potential reversal zone $16.78 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 150%, and the loss possibility is 30%. 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.
Long
by moon333
GBPAUD > Mighty Cypher Near Entry Level!!Analysis on #GBPAUD Hello friends. Them mighty Cypher appears in the GBPAUD market, I am looking to buy this market up if it comes to test the structure level where the price rallied a 250pips. Many traders buy Cypher at D completion I prefer to wait for a better entry, preferably at the structure support level. Kindly leave a comment and like these ideas, if it helps you, it will support the creating of more free ideas for you Check today analysis below⠀ >>It’s not what we do once in a while that shapes our lives. It’s what we do consistently. ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
5