Great position The price has hit the channel resistance after the climb and It is expected to model its previous decline
Cypher pattern is also composed of bear type .
take profit and stop loss Is shown in the figure
Cypher
Ethereum (ETH) Less Than $1600 Is Damn CheapHey friends, hope you are well, and welcome to the new update Ethereum coin.
14000% rally:
From 2015 to 2016 the price action of Ethereum rallied from $0.15 to $21.49 that was more than 14000% gain.
22000% rally:
After 14000% gains, the price action of Ethereum started the next rally from 2016 to 2018. This time it was more than 22000%, that was almost doubled move than the previous one.
Bullish Cypher move:
it can be also observed that before the second bullish rally the priceline also formed a big harmonic Cypher pattern on the monthly chart and started this big move from the potential reversal zone of this bullish pattern.
Bullish Gartley move:
Now recently back in March 2020, the price action completed another bullish harmonic Gartley move on the monthly time period chart. I also shared this move in march as below:
Now from the potential reversal zone of this pattern the price action has rallied more than 1500% sofar and reached the highest resistance level in its history.
Conclusion:
As the priceline of Ethereum has been reached the highest resistance level in its history. This big harmonic Gartley move is a powerful signal that the priceline of Ethereum is again going to make a big move like 2016 to 2018, and it can be doubled than the previous rally.
EURCAD > Looking for A Sell Confirmation!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURCAD
Hello friends,
Waiting for a rotation pattern to sell this CYPHER pattern.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Is it time to re-test BTC highs? Possible Double Bottom?It's way too early to tell, but I can't help but look at market structure and the technicals. Bitcoin corrected at twice to the same point. Perhaps price is not ready to sell lower at this time. Always study price action. Trade at your own risk. Please refer to previous posts below.
XMR formed Cypher pattern for upto 40.5% bullsih rally
Hi friends, hope you are well, and welcome to the new update on Monero.
On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone.
Possible profit and loss ratio:
This trade has a profit possibility of 40.5%, and the loss possibility is 10%.
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
GBPJPY SHORT analysisSHORT trade analysis on GBPJPY .
Graph is looking bearish to lower trendline . Trade idea is also shown on MACD and RSI indicators, so you can see that graph made regular bearish divergence .
If you liked this idea or if you have your own opinion about it, write in the comments.
USDCAD made BULLISH CYPHER PATTERN and will RISELONG trade analysis on USDCAD .
Graph is looking bullish to upper trendline . On the chart is clearly seen bullish cypher pattern meaning that price will rise. Trade idea is also shown on MACD and RSI indicators.
If you liked this idea or if you have your own opinion about it, write in the comments.
EURCAD gonna FLY 🚀LONG trade analysis on EURCAD .
Graph is looking bullish to upper trendline . On the chart are clearly seen 2 consecutive bullish cypher patterns meaning that price will rise this time too.
But right now i expect small price drop to support area (due CAD price rising in future days), which was many times hard to break in the past as you can see on the chart.
So you can take this analysis as buy for long term with larger stop-loss, or sell on short term with small stop-loss.
Trade idea is also shown on MACD and RSI indicators.
If you liked this idea or if you have your own opinion about it, write in the comments.
GPBUSD 24/1/20212 Opportunity for Seller
1. Short-term sell (H&S pattern)
2. Long-term sell, in the weekly timeframe we expect GU to create a Cypher pt. in Key lv. 1.38657, but we need to wait for the confirmation (Divergence, Doubletop, Etc.)
Bullish Cypher Pattern Started.the detail is shown in the above Idea.
in the previous as I expected sellers could Break the daily golden line and fall to the leg of the pattern.
now I expect buyers again will enter to market Strongly to release sellers pressure.
(Monday gap define sellers or buyers power ratio )
UsdCad Bearish Cypher Harmonic Patterns
Like this post if you find it useful. Thanks
#usdcad #short #Cypher
Targets optimistically designed in BTCUSD 4H - I believe!!!Technical analysis regarding the price of BITCOIN in relation of dollar for the next scenarios, based on 4h movement.
The price I have been walking effecting its downward corrections. The price found a strong support region at 29K697, touched and is already retracting.
Projecting the Chypher correction, we obtain the level of 1,188 that the price made. In such a way, the price is gaining momentum (high) and may increase the most considerable resistance that we have in 41K939 (the price breaking the EMA of 89 periods will make it more feasible for the price to continue to rise.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
I RAMSFXGENIUS , I SHORT on NASDAQ100. CHECK MY IDEA GUYS#ENJOYWhen Price reaches 13500 . Surely we must have a retracement
Price has broken the round off which 130000. Again it move to QP which was 13250 broke it.
In this case, My experience with the NAS100, if it has moved 500, We must get a retracement. Nasdaq has to sell, bounce back to 13000
EURCAD made BULLISH CYPHER PATTERN and will RISELONG trade analysis on EURCAD .
Graph is looking bullish to upper trendline . On the chart is clearly seen bullish cypher pattern meaning that price will rise. Trade idea is also shown on MACD and RSI indicators.
If you liked this idea or if you have your own opinion about it, write in the comments.
BITCOIN is at huge levelBTCUSDT is sitting at 35.000 level which will determine the future of the coin. Price may break down and continue a deep correction or level holds up and stay sideways little more.
It won't be wise to take trades at this moment, so we wait for the decision and then take action.
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.
