Bullish Cypher Pattern
Hi Traders,
The potential bullish cypher pattern is in play.
It's bearish in short term but bullish in long term.
Rules:
1. B must reach the 38.2 retracement of the XA leg but not exceed 61.8✅
2. C must reach the 127.2 extension off the XA leg but not exceed 141.4%✅
3. D must reach the 78.6% retracement of X to C✅
Invalidation level: daily close above 141.4% which is ~$28590.
Please hit the boost button if you agree.
Thanks
The potential bullish cypher pattern is in play.
It's bearish in short term but bullish in long term.
Rules:
1. B must reach the 38.2 retracement of the XA leg but not exceed 61.8✅
2. C must reach the 127.2 extension off the XA leg but not exceed 141.4%✅
3. D must reach the 78.6% retracement of X to C✅
Invalidation level: daily close above 141.4% which is ~$28590.
Please hit the boost button if you agree.
Thanks
הערה
Today is the day.All technical indicators show signs of bearish movement.
I don't have to be bullish at resistance with many bearish indicators.
Ignore the noise and trust your setup.
הערה
Normal FOMC fuckery.הערה
Here we go..Ugly daily close is coming :)
It's ready to start its journey to ~22k at least.
הערה
The bulls shouldn't fight the trend now.They had their fun from ~20k to ~29k.
It's time to bear party now, Also, we have had three full bullish months, now, Bitcoin needs some rest. If you didn't take a profit at the top, it's your fault, Accept it and move on.
הערה
Upper CME gap filled.It's time to fille the gap between ~$20300-$21250
הערה
After this fuckery and liquidation of many shorts/longs, I believe Bitcoin will reach my target around ~22k.הערה
Bulls trying hard to keep it up but it won't last long. Bitcoin has tendency to nuke 3-4k in one candle lolהערה
Here we go..This is just the beginning. It was all over the chart; the news just accelerated this.
US CFTC Sues Binance CEO Changpeng Zhao
הערה
This idea is still valid.I already said the invalidation lvl would be daily close above ~28.6k.
We didn't get any "D close" above it yet.
עסקה סגורה: הגיע לסטופ
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.