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Cypher

BTC forming an Inverse Head & Shoulders pattern?Not investment advice. Not a professional. IDEA: BTC completed a Bullish Cypher Harmonic , so likely up a bit for now at the very least. Previous post proposed possible Expanding Symmetrical Triangle forming. I'm in the camp that would be bet this Bull Run isn't over yet but a larger correction will happen at some point in the near future before we make any more meaningful moves up. I'll never say never, but a dip to $40k or below rn just seems a little out of reach given the current market sentiment IMO. If I had to bet, I'm thinking we're currently forming the HEAD of an INVERSE HEAD & SHOULDERS PATTERN . Just like the stock market, I don't think BTC is quite done consolidating yet. I think we'll see one more Bull Trap to a slightly higher high around $68k > a modest pullback > then off to the races again. Or I'm completely wrong, who knows. Cheers.
COINBASE:BTCUSDLong
by n_1a1a_01
BTC - Possible Path?Not financial advice. Not an expert. Here to learn. Would appreciate hearing from knowledgeable folks about whether or not this chart/idea has any legitimacy. Pitchfork starts with March dip. Edges set at start of parabolic upswing (R) & at January peak (L) Small RED Channel is what I'm using as the trend line that must maintained in order to justify that current impulse wave might not be over Other channels created by extending recent trend lines backwards Bullish Cypher Harmonic Suggested scenario: we're in a rising top, potentially forming an Expanding Symmetrical Triangle
COINBASE:BTCUSDLong
by n_1a1a_01
14
ADA/USDT - Two and a half cypher - LONG >> SHORT >> LONG!We have a little cute protector bullish Cypher Pattern inside a bigger bearish Cypher! The bearish one can send us back to a closer support level, from where we might be able to launch the bull-rockets up to the 2-3usd psychological levels. hmm It would be so fun, if this complicated vicious plan could come true in real... not like yesterday.. :D buy in: 1.004 TP1: 1,3 TP2: 1,5 TP3: 2 TP4: HODL All feedbacks are appreciated.
Long
by Skill4fun
2
BTC/USD - Cypher pattern is coming - first LONG later SHORTI just found a bearish Cypher pattern again, which I think sooner or later but definitely will be completed on the BTC/USD 4h chart. If I wanted to buy some btc now, Cyphers D-point would be my long TP1. If price reach that level as expected, after closing our longs, there might be an opportunity to open some short positions as well, with a 80% potential (in my opinion) that price will be dropped at least to our TP2, which is on the same level as Cypher's A-point. I'm looking forward to seeing, in fact what will happen. Anyway, this magic prediction sounds good right? :D (Overall, no I dont think bearmarket begins in the near future. Its worth to check charts on a higher time interval, and turns out easily, that bitcoin has always been doing such corrections/crashes, on a few monthly basis. But these crashes didnt influence the long term bullish trend in general. So Im bullish on long term.) Good luck! All feedbacks are appreciated!
KRAKEN:BTCUSDLong
by Skill4fun
ZIL/USDT - Update - Cypher still can be OK - LONG"I think Zilliqa is on it's way to reach a next high, but let's just place our target a bit closer first . After a quite hard consolidation, it's completed a cypher pattern on 1D chart, which gives us the opportunity to open some long positions, in my opinion. Yeah volume should be a bit more significant.. anyway I like this pattern." - related previous idea - By the crash the stoploss closed my last trade in my related previous idea, but I redrew the cypher pattern and I still think it fits to the LONG prediction, with new TP and SL ofcourse.. We'll see! LONG All feedbacks are appreciated!
Long
by Skill4fun