Ethereum Confirming the Bearish Breakdown to $168.81Last week i posted about this Potential BAMM and Bear Flag Breakdown on ETH that would take us to the 1.618 Fibonacci Extension if real and now this week it looks like we are confirming the BAMM Trigger Line as Resistance as the Hidden Bearish Divergence Continues on the MACD. We have a Bearish Engulfing on the Monthly and just recently closed the Weekly below the POC as well as triggered tthe CAI. I think this gives great reason to believe that ETH will be coming down to lose 88% of it's value meanwhile other coins like XMR, XRP, and LTC will significantly gain in ETH Value.
Butterfly
AKROUSD: Bullish Butterfly Spring and Backtest In Falling WedgeAKROUSD is Bullishly Diverging on the MACD and RSI as tje PCZ of a Bullish Butterfly while also trading within a Falling Wedge and Backtesting a Potential Spring.
Perfect automated detection of Butterfly & DeepCrab PRZ - LongA bullish-type Butterfly pattern occurred.
If the price drops to 20.226, a bullish-type DeepCrab pattern could occur.
Also on the daily chart, bullish-type BlackSwan pattern is occurring.
Long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Bearish ButterflyEURCAD has been flying high recently, the price has reached a resistance and printed few bearish doji candles. Though a major chart pattern here is bearish butterfly. Tomorrow's CAD CPI will conclude and fuel the movement. It is predicted that the CAD will be weak is the news come out true we will be stopped out but if not, our setup will be favored. All eyes on CAD CPI. Have a great trading session and don't forget to place your stops. Let's Download Success.
Perfect automated detection of BlackSwan & Butterfly PRZ - ShortA bearish-type BlackSwan pattern occurred within the resistance zone of 1.8100-1.8220.
(In this resistance zone , there was a rebound in 17 Oct, 16 Mar,...)
If the price rises to 1.8354, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of Butterfly & DeepCrab PRZ - ShortA bearish-type Butterfly pattern occurred.
If the price rises to 0.87450, a bearish-type DeepCrab pattern could occur.
Also on the daily chart, bearish-type Butterfly pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Bearish Butterfly Type 2 Within Ascending ChannelFound that a valid Harmonic Pattern of Bearish Butterfly Type 2 Within Ascending Channel / Channel Up.
Bearish Butterfly identified as Point X confluence within RSI oversold.
Price retest / reverse at Type 1 within PRZ (orange) until Type 2.
After Type 2, price able to hit TP1 @ 0.382 AD, then consolidate, it is advised to look under lower timeframe such as 15m and use other indicator such RSI.
Harmonic Pattern with Multiple Confluence for Point X and DThis is an example of regression channel with harmonic pattern.
By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly.
There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete.
For Point D, best to monitor price changes using RSI or other similar RSI (Cyclic RSI, etc).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
4. Simple OHLC Custom Range Interactive
5. Cyclic RSI High Low With Noise Filter
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 0.87045, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO