Rachid barkat
Open Trade
High-Frequency Trader
1.3 Years
14 Following
293 Followers
486 Liked
37 Shared
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This is how the cipher style is used
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We are heading to the next station that I told you about 😶🌫️ Don't buy red candles on a daily frame
👌☠️
👌☠️
xrp
It shows me that xrp will visit its old price between 1.9 and 1.6
and these will be buying areas ...lozi 😋☠️
It shows me that xrp will visit its old price between 1.9 and 1.6
and these will be buying areas ...lozi 😋☠️
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After the drop, the price rises to a resistance area, and it has reached it. If it breaks through and rises, we will visit $380 and $400; if it fails, it will drop or stabilize the price for liquidity accumulation. The day after tomorrow, there will be manipulation and a drop or reversal 😈, and in the end, distribution. Keep their games safe 😶🌫️☠️
Day Tao 4 successful transactions. And life goes on.
Day Tao 4 successful transactions. And life goes on.
This is a complete explanation, and after I published the drop in price to the support area, it has dropped, and we are waiting for either a rise or a drop. Look closely at the picture $TAO
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Now the price has reached a resistance area and has risen again with 4 successful trades. Now it has a true test; if it succeeds and breaks through, we will visit a price of $380 and $400, and if it fails, the price will drop or stabilize to gather liquidity. After gathering, manipulation will occur, reversing the downward price, and in the end, there will be distribution 😈 Their moves, I swear ☠️😶🌫️
This is a complete explanation, and after I published the drop in price to the support area, it has dropped, and we are waiting for either a rise or a drop. Look closely at the picture $TAO
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This is a complete explanation, and after I published the drop in price to the support area, it has dropped, and we are waiting for either a rise or a drop. Look closely at the picture $TAO
When monitoring the price of any currency, do not forget to consider the type of candles. Here, a shooting star candle has appeared, indicating a price drop to support areas.
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I always advise owners of this currency to stay away from it now, but there is no response because it is not the time for recovery now.
$OM
Look at these openings, guys!🚨 There’s no doubt this is the reason for OM's continuous bleeding 🫣
Look at these openings, guys!🚨 There’s no doubt this is the reason for OM's continuous bleeding 🫣
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When monitoring the price of any currency, do not forget to consider the type of candles. Here, a shooting star candle has appeared, indicating a price drop to support areas.
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Information:
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After taking my profits from the Tao currency, thank God it was a successful deal.
We are waiting for the price reaction at the resistance. If it breaks and continues, we will see new levels, and if it resists and fails, we will drop to the first support area and the price will rise again for another attempt.
Good luck.
We are waiting for the price reaction at the resistance. If it breaks and continues, we will see new levels, and if it resists and fails, we will drop to the first support area and the price will rise again for another attempt.
Good luck.
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Resistance forms when the price rises and reaches a peak where selling equals buying, so it cannot exceed support or resistance. It is the opposite of old peaks and old supports, which indicate a support area. If the price breaks this support, it will continue in its direction.
What is resistance??? And what is support??? Please let me know, if you don't mind.
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My previous analysis after the rise of B$BTC
to 97 thousand
We have clarified that there is a drop to point B, which is 88 thousand dollars. Our analysis still stands, and are we close to confirming the prediction indicator? We are waiting ☠️
to 97 thousand
We have clarified that there is a drop to point B, which is 88 thousand dollars. Our analysis still stands, and are we close to confirming the prediction indicator? We are waiting ☠️
BTC
BTC analysis on the daily timeframe:
Support levels:
Main support at 88934.47: This point is defined based on the Cypher pattern (TP1 area associated with point B). The price shows readiness to drop towards this area with the possibility of a strong reaction upon reaching it. I have highlighted it with a dashed yellow line, and it is from point B.
Secondary support at approximately 86900.00: Represents an additional potential support area based on Fibonacci extensions (78.60%) and previous low momentum points.
Support levels:
Main support at 88934.47: This point is defined based on the Cypher pattern (TP1 area associated with point B). The price shows readiness to drop towards this area with the possibility of a strong reaction upon reaching it. I have highlighted it with a dashed yellow line, and it is from point B.
Secondary support at approximately 86900.00: Represents an additional potential support area based on Fibonacci extensions (78.60%) and previous low momentum points.
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Trading Tip ✌️
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xrp
It shows me that xrp will visit its old price between 1.9 and 1.6
and these will be buying areas ...lozi 😋☠️
It shows me that xrp will visit its old price between 1.9 and 1.6
and these will be buying areas ...lozi 😋☠️
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🔹 Resistance Levels:
2.2569 USDT: An initial resistance that may hinder the rise.
2.3000 USDT: An important resistance level to watch.
2.3184 USDT: A strong resistance that may determine the upcoming trend.
🔹 Fibonacci Analysis:
Level 0.786 (2.2283 USDT): May form a potential reversal point.
Level 0.618 (2.2058 USDT): Strong support that can enhance the chances of a rise.
Level 0.5 (2.1900 USDT): A pivotal level to monitor price movement.
Level 0.382 (2.1742 USDT): May be a good entry point in case of a correction.
Level 0.236 (2.1546 USDT): An additional support level to consider.
🔹 RSI and MACD Analysis:
RSI at 49.82: Indicates a balance between buyers and sellers, meaning the price is not in an overbought or oversold area.
MACD:
Main Line: -0.0010
Signal Line: -0.0012
Divergence: -0.0022
Indicates weak upward momentum, which calls for monitoring price movement before making an entry decision.
2.2569 USDT: An initial resistance that may hinder the rise.
2.3000 USDT: An important resistance level to watch.
2.3184 USDT: A strong resistance that may determine the upcoming trend.
🔹 Fibonacci Analysis:
Level 0.786 (2.2283 USDT): May form a potential reversal point.
Level 0.618 (2.2058 USDT): Strong support that can enhance the chances of a rise.
Level 0.5 (2.1900 USDT): A pivotal level to monitor price movement.
Level 0.382 (2.1742 USDT): May be a good entry point in case of a correction.
Level 0.236 (2.1546 USDT): An additional support level to consider.
🔹 RSI and MACD Analysis:
RSI at 49.82: Indicates a balance between buyers and sellers, meaning the price is not in an overbought or oversold area.
MACD:
Main Line: -0.0010
Signal Line: -0.0012
Divergence: -0.0022
Indicates weak upward momentum, which calls for monitoring price movement before making an entry decision.
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Due to my work from 8 AM to 6 PM, I miss many trades and I apologize to my followers for not sharing my trades because of work. I publish analysis and always remind followers to keep a continuous eye on price movement and confirmation with indicators. Always in your analysis, you should set a scenario for rise and a scenario for fall so that you can manage risks. Use tools that show areas and targets. Do not invest your entire amount. Create a table for all winning or losing trades. Good luck. I still publish analyses ☠️
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This morning, Tao broke and fell, but it was a minor break or a false break, and then it rose. I have placed buy and sell areas for you in the image. The price reaches a green area after it rebounded from $370, and the price will retest $362 as a support area. If the price resists the support area, it will rise and break the resistance area of $370.
If it does not succeed and breaks, we will return to the first support area of $355.
Thank you.
If it does not succeed and breaks, we will return to the first support area of $355.
Thank you.
Technical analysis of TAO currency (according to the image):
General Trend:
Bearish in the short term: evident from the long pole downwards followed by an upward correction within a narrow channel (descending flag).
This indicates the likelihood of continued decline if the channel is broken.
The price is currently within the channel, meaning it has not broken out yet.
Watch Levels:
Important Support (below the channel): If the price breaks this level with a clear close, we may witness a rapid decline.
Channel Resistance (upper): If the price fails to break it, it may continue to fluctuate within the channel before making a decision.
Entry Signal (in case of a break):
If the lower boundary is broken, the expected target is usually the length of the pole downwards.
Stop Loss: Above the last peak in the channel.
Additional Confirmation Tools (if available):
If indicators like RSI or MACD are used and show overbought conditions or a negative crossover, this reinforces the idea of a decline.
Recommendation Summary (if you are trading it):
Trade: Sell after breaking the channel support.
Stop Loss: Directly above the channel.
First Target: Length of the pole from the breakout point (approximately).
Alert: Do not enter the trade unless after a confirmed break with a clear candle.
General Trend:
Bearish in the short term: evident from the long pole downwards followed by an upward correction within a narrow channel (descending flag).
This indicates the likelihood of continued decline if the channel is broken.
The price is currently within the channel, meaning it has not broken out yet.
Watch Levels:
Important Support (below the channel): If the price breaks this level with a clear close, we may witness a rapid decline.
Channel Resistance (upper): If the price fails to break it, it may continue to fluctuate within the channel before making a decision.
Entry Signal (in case of a break):
If the lower boundary is broken, the expected target is usually the length of the pole downwards.
Stop Loss: Above the last peak in the channel.
Additional Confirmation Tools (if available):
If indicators like RSI or MACD are used and show overbought conditions or a negative crossover, this reinforces the idea of a decline.
Recommendation Summary (if you are trading it):
Trade: Sell after breaking the channel support.
Stop Loss: Directly above the channel.
First Target: Length of the pole from the breakout point (approximately).
Alert: Do not enter the trade unless after a confirmed break with a clear candle.
See original
Technical analysis of TAO currency (according to the image):
General Trend:
Bearish in the short term: evident from the long pole downwards followed by an upward correction within a narrow channel (descending flag).
This indicates the likelihood of continued decline if the channel is broken.
The price is currently within the channel, meaning it has not broken out yet.
Watch Levels:
Important Support (below the channel): If the price breaks this level with a clear close, we may witness a rapid decline.
Channel Resistance (upper): If the price fails to break it, it may continue to fluctuate within the channel before making a decision.
Entry Signal (in case of a break):
If the lower boundary is broken, the expected target is usually the length of the pole downwards.
Stop Loss: Above the last peak in the channel.
Additional Confirmation Tools (if available):
If indicators like RSI or MACD are used and show overbought conditions or a negative crossover, this reinforces the idea of a decline.
Recommendation Summary (if you are trading it):
Trade: Sell after breaking the channel support.
Stop Loss: Directly above the channel.
First Target: Length of the pole from the breakout point (approximately).
Alert: Do not enter the trade unless after a confirmed break with a clear candle.
General Trend:
Bearish in the short term: evident from the long pole downwards followed by an upward correction within a narrow channel (descending flag).
This indicates the likelihood of continued decline if the channel is broken.
The price is currently within the channel, meaning it has not broken out yet.
Watch Levels:
Important Support (below the channel): If the price breaks this level with a clear close, we may witness a rapid decline.
Channel Resistance (upper): If the price fails to break it, it may continue to fluctuate within the channel before making a decision.
Entry Signal (in case of a break):
If the lower boundary is broken, the expected target is usually the length of the pole downwards.
Stop Loss: Above the last peak in the channel.
Additional Confirmation Tools (if available):
If indicators like RSI or MACD are used and show overbought conditions or a negative crossover, this reinforces the idea of a decline.
Recommendation Summary (if you are trading it):
Trade: Sell after breaking the channel support.
Stop Loss: Directly above the channel.
First Target: Length of the pole from the breakout point (approximately).
Alert: Do not enter the trade unless after a confirmed break with a clear candle.
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One of my followers asked me to analyze $OM
I tell you my friend, this currency needs black magic to rise ☠️
I tell you my friend, this currency needs black magic to rise ☠️
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BTC
BTC analysis on the daily timeframe:
Support levels:
Main support at 88934.47: This point is defined based on the Cypher pattern (TP1 area associated with point B). The price shows readiness to drop towards this area with the possibility of a strong reaction upon reaching it. I have highlighted it with a dashed yellow line, and it is from point B.
Secondary support at approximately 86900.00: Represents an additional potential support area based on Fibonacci extensions (78.60%) and previous low momentum points.
Support levels:
Main support at 88934.47: This point is defined based on the Cypher pattern (TP1 area associated with point B). The price shows readiness to drop towards this area with the possibility of a strong reaction upon reaching it. I have highlighted it with a dashed yellow line, and it is from point B.
Secondary support at approximately 86900.00: Represents an additional potential support area based on Fibonacci extensions (78.60%) and previous low momentum points.
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