Cypher
AUDJPY MIGHT FALLThe market has formed a cypher pattern signifying the market might fall. The price has been consolidating at the key levels forming a ranging market in the lower time frame at the key levels of 85.435 and 82.252. waiting to short the market when it breaks 82.252 resistance level.
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.
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
BTC rally after expiring options ?Looking for a long entry point after bouncing from 52.8k
Nice Cypher pattern formed, let's see if it will play well from now and meet the targets
AAPL Pushed Back By Bearish Cypher After Earnings Hype RallyApple had a hype rally in the Post-market after a beat in earnings but all gains were quickly lost after hitting the 0.786 Fibonacci Retrace and now we have confirmed Hidden Bearish Divergence on the MACD. I expect that Apple will trade lower to fill 1-2 of the gaps it created on the way up.
DXY - Bullish Cypher PatternWe have a completed bullish cypher pattern on the Daily chart of the US Dollar Index.
Akil
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.
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!
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!
EURNZD MADE BULLISH CYPHER PATTERNLONG trade analysis on EURNZD .
NZD is getting weaker this time; graph is looking bullish from lower support zone to upper resistance zone . Price just started to rise after it completed Bullish Cypher Pattern . It is actually very similar analysis than last week. 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.
CHFJPY DOUBLE TOPSHORT trade analysis on CHFJPY .
Graph is looking bearish to lower support zone . Price recently completed Bearish Cypher Pattern and Double Top formation , meaning it will fall . 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: Potential short-term long setupA black pinbar is forming. In the case of today's maximum breakout in 2 days getting long is advised.
although the fist target looks pretty robust...so you can either get short around 57000 or change your BTC to USDT.
Daily Indicators are likely ready to push down from the 786 areaTargeting slightly below the 21SMA for this one.
What more do u needbtc bullish divergence at the pcz of a bullish cypher harmonic which is also a critical support/resistance. Backtested 47k after reaction on hourly and 4 hourly, then bullishly engulfed to break the downtrend. insane confluence.
Daily bullish engulfing candle close today confirms a retest of 55-60k range. then, ath.
BTC Bullish Cypher w/ Bullish Divergence!!!There looks to be a nice bullish cypher pattern forming on the BTC daily chart indicating a potential reversal is in play. This looks further confirmed by hidden bullish divergence on both MACD and RSI indicating a continuation in the ascending channel (green dotted lines).
If this plays out, I will add on additional details as to the rules of the cypher pattern for anyone looking for it in the future, but the harmony of the current pattern looks very promising. Note that although I have often seen some rules of the cypher pattern vary, particularly for the AC and BD retracements, I tried to make an extra emphasis where there is strong consistency for the numbers I pointed out.
As always, no pattern is guaranteed, so a continuation in the current descending channel (red lines) is still possible with potential for the dip extending further as time progresses (from roughly 43-46K based on when a dip would occur if a dip does occur). However, currently price action has a potential to continue upward toward the Fibonacci retracement levels (as indicated on the right) if the cypher pattern holds.
Although note to please not take any of this as advice, as I am just indicating what I see, not recommending any setups, particularly with the recent volatility.
But please like or comment if you agree, see any mistakes, or have any counterarguments. Thanks!
ZIL/USDT - a quick but LONG Cypher bounce!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.
We'll see!
LONG
All feedbacks are appreciated!
Cypher pattern - Short term Short!Just forming Cypher pattern on 1H chart. ofc there can be many different scenarios, but if the price reaches 59.760, cypher would be a quite strong bearish pattern in my opinion, at least for a shorter term. We'll see...
Stellar XLM - hold or REBUY! Cypher Pattern on the way?I think XLM is on the way to reach the next high. If it falls to 0.455 in case of a short consolidation, its completing a cypher pattern on 1H chart, which gives us a new opportunity for some rebuy in my opinion. We'll see.
All feedbacks are appreciated.
BAT/USD - hold or REBUY! Cypher pattern on the way?A bit similar to XLM chart, BATUSD is also on the way to reach a next high level. If it falls to 1,167 in case of a short consolidation, its completing a cypher pattern on 1H chart, which gives us a new opportunity for some rebuy in my opinion. We'll see.
All feedbacks are appreciated.
