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RizeSenpai

Cardano: Bullish Cypher at an 88.6% Retrace

Long
Cardano Perpetual Futures (FTX:ADAPERP)  
RizeSenpai  
FTX:ADAPERP   Cardano Perpetual Futures
Harmonic Patterns Technical Indicators Trend Analysis Bullish Cypher Bullish Engulfing Bullish Divergence adausd cardano
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harmonicpatterns indicator trendanalysis bullishcypher bullishengulfing bullishdivergence adausd cardano
We have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6% retracement as we sttill have the 1.272 Confluence here.

Idee correlate

RizeSenpai
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