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Bullish Cypher

POTENTIAL BULLISH CYPHER IN PLAY????? (4 Hour TF) $ALGO/$BTCGood evening ladies and gentlemen! I have charted a potential Bullish Cypher pattern. I don't know if this will play out, but if we end up running down to the .776 at around 562 sats with Bullish divergence formed on the four hour and daily time frame, I WILL MORE THAN LIKELY TAKE A POSITION HERE!!! This pattern remains a possibility or a speculation if you will until we reach this area! I have in play about a 6% risk which is a bit higher than I'd like, but the potential in gains here are definitely worth it. On top of that, if you are seeing bullish divergence on the larger time frames at these areas, then I would consider this an extremely safe position! Risk 6.4% to reward of our first conservative target at 671 sats (19.43% gain) 6.4% risk to our second target at 738 sats (31.37% gain) and then our third target 6.4% Risk to our target of 786 sats IRONICALLY (39.86%). Prices could go further than our conservative targets, but I will only plot these three as of now! So, to reiterate, (POTENTIAL) entry of PCZ at 562 sats with a risk of 6.4% at 523 sats for our stop. Gain targets are listed above! Again, this pattern remains speculation until we hit our Pattern Completion Zone (PCZ). Another thing I'd like to note, is that we did not hit the 1.272 target of our last impulse up perfectly. Although, we were extremely close which is why I am still listing this as a potential pattern. If this does not play out, you will more than likely run between 624 and 709 sats as a potential area of price reversal which we already hit the first target of 709 sats! I did warn everyone at the top not to buy because of the overwhelming bearish signals that were displayed!
Long
by ChArtWorks_TechnicalArts
3
EOS/USD "Double bottom" EOS is in the process of forming the reversal pattern “Double bottom”, also on the ris we see a bullish diverter, on the whole level 5.7 is a powerful support, and in case of a breakdown we will see 0.5 total growth of $ 4.9 Growth goals are understood, the first is resistance at $ 6.34, and then 0.618 Fib 6.89. The volumes on bearish candlesticks closer to the support level are elevated, the bulls do not want to pass the level, and will fight. Paired to the cue ball, we also came to the support zone, however, we haven’t yet seen a bright bullish reaction, we are hanging over the precipice, and perhaps we will see a false breakdown like it was on LTC. In any case, the situation in the EOS / BTC pair allows us to work out a double bottom. In general, the situation with altas is a little good, in the light of the last decline of bati, they didn’t turn red so much, and some paired up with BTC even grew, the Bitcoin domination chart shows bearish diverters and reversal candlestick patterns.
BITFINEX:EOSUSDLong
by IgorPorokh
3
LTCBTC, LongBullish Cypher on LTCBTC 1H. The price seems so range for some days, looking at the harmonic pattern we can expect a bounce on the 12960 support. RSI and MACD are both close to the 50 and 0 zone oscillating around it. Buy-in: 112960 TP1: 13145 (38%) TP2: 13250 (61%) TP3: 13520 (124%) for those who like risks but I recommend that at least 75% of the bag has been taken at TP2 regarding also the big moves of btc during these days which can easily destroy some projections. SL: below the next fibonacci level at 12830
Long
by Kaiser_Coin
2