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 :
Crab
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.















