(update) The expected ETH/USD movement in the coming daysHi every one
Ethereum / U.S. Dollar
This is an update on the last analysis of ETH/USD which we did for you. As you can see the crab pattern which we talked about a few days ago is about to complete the last movement which is (CD line) on the chart. If the pattern completes the price will reach around 2400 to 2500$! after the completion of crab pattern it is expected that the price start the correction. if we use the fibonacci retrecment the correction can be up to 0.786 or 0.618 line of fibonacci .
Our more recent analysis of ETH/USD :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Crab
ATOM can reach 33$ and than start it's correction!Hi every one
COSMOS / TETHERUS
ATOM/USDT is in a crab pattern. AB movement has been completed but CD movement has yet to complete .the price can reach around 33$ (EX ret 1.618) and than start It's correction .if we use the Fib retracement the correction is expected to reach the 0.618 line of the Fib.
there is also a Hidden bullish divergence on RSI indicator which strengthen the completion of the crab pattern!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Our more recent analysis of ATOM/USDT :
SE take profit mode off Crab perfectPerfect execution of Bearish CRAB Harmonic Patter.
The 1.618 AXA target hit to penny.. Accumulated position at $204 level.
Expect pull towards T1 level of $220 as we are in take profit mode below recent high.
Good luck to everyone and manage trade with proper stops.
DEEP CRAB PATTERN - $2500 INCOMING"BEARISH PATTERNS DON'T PERFORM WELL IN BULLISH CONDITIONS" - After bears failed at pushing the price lower, the daily time signature is drawing a crab pattern, with the PCZ (pattern completion zone) near $2400. Due to the lack of resistance in this area due to price discovery, the next psychological target for this is $2500. As long as the macro (BTC) stays bullish this is a great trade opportunity.
Entry: based on risk tolerance
Profit taking area: based on risk tolerance, $2500 being the psychological target.
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Brazilian Education $ARCE (Part 2 of 2)Part two on the 1hr timeframe and zoomed in for detail.
*** Very high chance this is an almost perfect Bullish Crab Harmonic
Note:
*Oversold on RSI and Stochastic on 1hr
*Previous note of descending wedge
*Previous note of touching weekly demand back to 2019
*Conservative targets noted on chart based only on the Crab
*Possible longer swing
Potential Crab Completion on GBPCADIf GBPCAD completes at that 1.618% zone, then it could be a 70 pip swing to the upside. This is on the 15 min timeframe. Typically, I would be aggressive and set a pending order for the patterns completion, but I like to have a tight SL for the small risk big reward. In fact, back on Jan. 08, this pair has a strong 4HR level of support at 1.71870, so that may be the ideal entry. The RSI is also showing signs of the market getting ready to turn.
I'd keep an eye on this pair maybe set an alert for the 1.618% level to notify you that the patterns been complete. We'll see how it goes...
Entry Area: 1.71870
SL: 1.71668
TP1: 1.72152
TP2: 1.72327
TP3: 1.72609
ETH/USD is going to 2400$?Hi every one
Ethereum / U.S. Dollar
The ETH/USD situation is explained in this analysis so let's do it. The first chart shows a symmetrical triangle which has not broken yet and after the upward break out we shall see a pump in the price.(AB=CD)
The second chart shows us that if we use the crab pattern we can see that the price is about to increase and reach it's resistance which is 2400$!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Euro/Aussie The Euro Aussie. Here we have a bullish crab pattern, and what is super interesting in Scott Carney's book he in-cooperated aa HOP level because he was noticing that the patterns were not necessarily failing but rather just a lot of people squaring off positions and price continuously slipping lower, but it was nothing like a definitive move. PA would find its footing and reverse. same thing here with the EUR/ AUD, we have PA that slipped all the way down to the HOP and it is like PA hit a wall. look on the 4H and it quite literally looks like price hit this invisible wall and is struggling and cant go any lower. I have terrible entries and am experimenting with this 5/13 ema cross mess. we will see how the product yields. Either way this pattern potentially has some great R/R. we are playing at the HOP of tthis crab pattern. we will know which way this pair will go becasue with Crab patterns price action becomes volatile so seeing a massive candle up or down will give us an indication of where this thing is headed.
IOTXUSDT A Cypher Harmonic PatternAlarms are set to 0.03 level, planning to find a long using cypher pattern
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
EURGBP Deep Crab harmonic + Break and retest.We can see on the daily timeframe a potential deep crab on EURGBP.
After the initial bullish reaction breaking the bearish trendline price has now retraced and retest above the trend line.
With this price action and the harmonic deep crab i would be looking to take long positions on the lower timeframes and build up a risk free position.
On this particular chart i have displayed at entry the 161.8% XA entry point , a 161.8% AB=CD measurment ( denoted by the dashed line ) and a 314% BC projection. The stop for this particular pattern would the 200% XA measurement , Due to the large size of the pattern we would look for similar patterns on much smaller timeframes to allow larger entries for better risk to reward.