XLMBTC started formation of cypher: followup of previous plan
Hi I am trying to take followup my every idea which I have published if there any change occurs in asset's movement or pattern.
I would be more than happy if any one of my followers would reminds me in case of I am not taking a follow up of any idea.
Here I published the last idea of XLMBTC by back plan as the previous short plan was accurate by the grace of all mighty Allah but in next plan which was this:
the price which was required for the completion of B to C leg was 0.00004097 but the price action went to 0.00004040 and started the formation of C to D leg.
Even though the difference is very minor therefore I would not consider this pattern as invalidated but this is only because of volatility of crypto and even this is the beauty of crypto which makes it more profitable than any other industry.
But for more confirmation I woud like to post an other idea as followup of the previous one that the XLMBTC has also started the formation of cypher my followers can also follow this plan.
This gives us more confirmation that insha Allah at last this trade will be profitable.
Best of luck and regards,
Atif Akbar
I would be more than happy if any one of my followers would reminds me in case of I am not taking a follow up of any idea.
Here I published the last idea of XLMBTC by back plan as the previous short plan was accurate by the grace of all mighty Allah but in next plan which was this:
Even though the difference is very minor therefore I would not consider this pattern as invalidated but this is only because of volatility of crypto and even this is the beauty of crypto which makes it more profitable than any other industry.
But for more confirmation I woud like to post an other idea as followup of the previous one that the XLMBTC has also started the formation of cypher my followers can also follow this plan.
This gives us more confirmation that insha Allah at last this trade will be profitable.
Best of luck and regards,
Atif Akbar
Trade active:
On 4hr chart XLMBTC is likely to going through an elliotwave:
Comment:
On 4hr chart XLMBTC has broken the resistance of pennant Alhamdulillah:
Trade active:
The elliotwave 1 to 5 has completed now A,B and C correction waves have been started the wave A to down almost completed now insha Allah B wave to upward from here will be started these three waves cannot move lower than wave C's low.
Comment:
Sorry its not wave C's low it is wave 4 low, the A, B and C cannot make lower than low of 4rth wave
Trade active:
The price action is in almost at the end of a bearish pennant, the volume profile's POC is above the mid of the pennant I think it will go for one more touch to the bottom and then have a breakout soon insha Allah
Trade closed manually:
The price action has some changes in it moves now it is forming a bearish BAT also. I have designed a new chart accordingly plz follow this one:
