Cypher
Reef with BTC pair forming bullish Shark for upto 74% moveHi dear patrons, hope you are well and welcome to the new update on Reef token.
Previously we have seen that the Reef with US Dollar pair is forming the final leg of bullish Cypher .
In the meanwhile, the price action of the Reef token with the Bitcoin pair is also completing the final leg of bullish Shark on the daily time frame.
This trade has a huge profit possibility of 74%,%, and the high loss possibility upto 14%.
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.
Zcash formed bullish Cypher for upto 70% moveHi dear patrons, hope you are well and welcome to the new update on Zcash coin.
On the weekly time frame chart, the price action of ZEC has completed the bullish Cypher .
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.
Binance coin forming bullish Cypher for upto 28% rallyHi dear friends, hope you are well and welcome to the new update on Binance coin.
On the daily time frame chart, the price action of BNB is completing the final leg of bullish Cypher.
This trade has a big profit possibility of 28%, and the loss possibility is 7.5%.
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.
DODO token completing Cypher pattern for upto 25% rallyHi dear friends, hope you are well and welcome to the new update on the DODO token.
On the 4-hour time frame chart, the price ation of DODO is completing the final leg of bullish Cypher .
This trade has a profit possibility of 25%, and the loss possibility is 6.5%.
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.
Reef token completing Cypher pattern for upto 54.5% moveHi dear patrons, hope you are well and welcome to the new update on Reef token.
On the daily time frame chart, the price action of REEF is completing the final leg of bullish Cypher.
This trade has a big profit possibility of 54.5%, and the loss possibility is 13%.
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.
NKN coin completing Cypher pattern for 135% big moveHi dear patrons, hope you are well, and welcome to the new update on Paris NKN coin.
On daily time frame chart, the price ation of NKN is competing final leg of bullish Cypher .
This trade has a big profit possibility of 135%, and the loss possibility is 27%.
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.
PSG token completing Cypher pattern for upto 100% bullish rallyHi dear patrons, hope you are well and welcome to the new update on Paris Saint-Germain Fan Token.
On daily time frame chart, the price action of PSG token is competing for the final leg of bullish Cypher .
This trade has a big profit possibility of 100%, and the loss possibility is 22%.
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.
CHFJPY | Perspective for the new week | Follow-upThe price moved over 100pips in our favour since the counter-trend opportunity (see link below for reference purposes) before what appears to be a gradual change in structure that supports completion of a Reversal pattern. Recall that I warned against factors that might disrupt the previous set-up thereby giving way for a rally continuation (see my penultimate publication in the link below).
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand | Reversal pattern | Harmonic (Cypher)
Observation: i. The Bearish run that began on the 17th of February 2021 found a Bottom @ Y116.000 and since then the price has continued to find Higher highs that culminated in a successful Breakout last week Thursday.
ii. Between the 1st and 10th day of March 2021, the Key level @ Y116.850 experienced selling pressure which finally saw a Breakout with signs that a new trend might have begun!
iii. In this regard, I have identified two key areas to take advantage of the new trend and this is illustrated on the chart as Buy window I & II.
iv. With the present pattern @ Y117.400, we might see a dip below my key level @ Y116.850 (corrective phase) hereby transposing into a Cypher pattern before the rally begins.
v. Whatever happens, anywhere above Key level shall be a good area of confirmation.
Trading plan: BUY confirmation with a minimum potential profit of 200 pips.
Risk/Reward : 1:4
Potential Duration: 4 to 10 days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XEM (NEM) forming harmonic Shark pattern for upto 670% big moveHi friends hope you are well, and welcome to the new update on XEM (NEM).
From the 1st detailed videos on XEM, I have been telling you that once the priceline reaches the support of broadening formation and in the buying zone of BAT pattern, then watch for the MACD and stochastic to turn bullish then buy within the buying zone of BAT, but the price action broke down the BAT’s potential reversal zone and the support of the broadening formation as well and macd and stochastic are continuously very very bearish and giving strong sell signals.
A possible Shark pattern:
Now if we switch to the 2-day chart then the priceline is completing the final leg of bullish Shark therefore we can wait for the priceline of XEM to enter the buying zone of this Shark pattern and then wait for the daily MACD and Stochastic to turn bullish or at least weak bearish then place our buying orders. There is also good support of 200 simple moving average in buying zone.
Buying and sell targets for Shark move:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Buy between: $0.2445 to $0.1017
Sell between: $0.4331 to $0.7836
The maximum extent of potential reversal zone can be used as stop-loss that is to $0.1017
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 670%, and the loss possibility is also big that is 59%.
A possible bullish Cypher pattern:
Now there is another possibility with the move of XEM, because, in 2-day time period chart, the priceline of NEM has also completed a formation of bullish Cypher.
Now if on the daily time frame chart the price action does not complete the final leg of Shark and we receive the bullish signals by the MACD and Stochastic, then our buying and sell targets should be as per bullish Cypher pattern which is as below:
Buy between: $0.4804 to $0.3475
Sell between: $0.5853 to 0.8367
As per the above targets, this trade will also have a good profit possibility of 140%, and the loss possibility is also big that is 28%.
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.
XEM completed Cypher for upto 140% moveA possible bullish Cypher pattern:
In 2-day time period chart, the priceline of NEM has also completed a formation of bullish Cypher. There are also good supports of 25 SMA and 100 simple moving averages in buying zone. Now if on the daily time frame chart the price action does not complete the final leg of Shark and we receive the bullish signals by the MACD and Stochastic, then our buying and sell targets should be as per bullish Cypher pattern which is as below:
Buy between: $0.4804 to $0.3475
Sell between: $0.5853 to 0.8367
As per the above targets, this trade will also have a good profit possibility of 140%, and the loss possibility is also big that is 28%.
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.
IOTA formed Cypher for upto 26% rallyHi friends, hope you are well, and welcome to the new update on the IOTA coin.
On the daily time frame chart, the priceline of IOTA formed a bullish Cypher pattern. After completing the leg it has moved up, it may give us another chance to catch from this buying zone.
this trade has a big profit possibility of 26%, 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.
DCPHLONG-TERM: 4hr classic bullish divergence, Daily MACD quadruple classic bullish divergence and RSI divergence, Bullish cypher harmonic pattern (not perfect), and over a critical support. The white line is a place to take some profits but $64.69 is the real long term target (not financial advice)
Marlin (POND) token formed Cypher pattern for upto 36% rallyHi dear friends, hope you are well and welcome to the new update on Marlin (POND) token with BTC pair.
On the 4-hour time frame chart, the priceline of POND has completed the formation of a bullish Cypher pattern and entered the buying zone. There is also 200 SMA support below the buying zone.
NZDUSD | Perspective for the new week | Follow-upPrice continues to play out in accordance with expectations as it moved over 300pips in our direction since my last publication (see link below for reference purposes). As the majority foretell a risk of further decline in the Kiwi in the coming week(s), I beg to take the opposite direction and maintain a Bullish bias on this pair.
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand | Harmonic (AB = CD) pattern
Observation: i. In the last 13 weeks, Buyers have found a niche around NZ$0.71000/0.70500 hereby making this area a strong Demand level.
ii. We have experienced a sharp decline in price in the last two weeks after the Kiwi hit a peak of NZ$0.74650 in late Feb. 2021.
iii. At this juncture in the market, it is impossible to ignore the pattern the decline has formed on its way down to the Demand zone - a Harmonic (AB = CD) structure.
iv. ABCD pattern with parameters explained below;
a. Leg A-to-B appears to be in harmony with the C-to-D leg.
b. The B- to-C leg falls at 38.2% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move @ NZ$0.71000/0.70500 area.
iv. Considering the stronghold of NZ$0.71000/0.70500 area by buyers in the past, the AB = CD pattern makes a "good" reversal set-up at this juncture in the market as I anticipate a Breakout/Retest of my Key level @ NZ$0.71850 to join the rally (any area above Demand area is good for me).
v. If the price moves as expected and reaches the Supply zone, It is advisable to lock in profit to avoid getting caught up with selling pressure and note that a further Breakout of NZ$0.73000 might confirm a rally continuation.
Trading plan: BUY confirmation with a minimum potential profit of 150 pips.
Risk/Reward : 1:3
Potential Duration: 4 to 10days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.