ETHBTC possible long on PTZ for Cypher harmonic pattern.
Cypher pattern often appears as complex correction of Elliott wave fractal. Also in typical running flat or typical 3th wave correction.
If this is case, we should see 1st impulse (not necessary to catch bottom) and better to wait for pullback after first move. If not hold we can see level what I will watch on weekly.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
Cypher pattern often appears as complex correction of Elliott wave fractal. Also in typical running flat or typical 3th wave correction.
If this is case, we should see 1st impulse (not necessary to catch bottom) and better to wait for pullback after first move. If not hold we can see level what I will watch on weekly.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
Note
Daily chartNote
Weekly chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.