BTCUSDT 4H long setup; C-Fork swing setup for BitcoinTA explained
C-Fork long setup for BTC. Price made a huge drop two weeks ago after which a bounce happened followed by some consolidation. First trendline was broken and after that a higher low was created.
Second top was created which serves as the connection point for the fork line of the C-Fork. After the rejection a new higher low was formed followed by a breakout of the trendline. Now the C-Fork structure is completed. The target to aim for based on the C-Fork setup is the FIB 0.618 level so we took it as second target.
Trade setup
Best entries: 36000 - 37180
TP1: 43361
TP2: 46984
TP3: 51855
SL: 32551
RR: 4.54
Max leverage: 2x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
C-FORK
Qtum going straight into R3 YearlySuper clean setup. Qtum had one of the largest capitulations vs BTC. Now reclaimed support, above the Yearly P, retested R3 monthly + Volume Profile PoC and it looks very nice and steady. Old coins have been doing well and their trend is very clear. IOTA, ZEN, NEO, EOS, BCH, LTC, DOGE, SC and that could continue for some time. Lots of layer 1 protocols, most are useless but it's their time.
Diamond hands babyBCD looks pretty strong here. BCD is still one of the actively traded forks along with some other Bitcoin forks which have been going down for quite some time. But BCH has started doing well and overall forks could follow BCH as it goes up due to its Paypal + Venmo listings. BTG has done extremely well, so why wouldn't BCD do well too. The structure looks very bullish, with an incredible bottom, not sitting above key support ready for another move up.
1INCHUSDTP 1H Long setup; C-fork and bullflag consolidationTA explained
1INCH forming a C-fork and broke out of the trendline. Just above the trendline its forming a bull flag or a descending parallel channel.
Trade setup
Best entries: 4.0088 - 4.1235
TP1: 4.3268
TP2: 4.5260
TP3: 4.8091
SL: 3.8274
RR: 3.08
Max leverage: 2x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ADA new Mainnet March 1st could price hit $2.3?ADA new Mainnet Upgrade March 1st could price hit $1.3, around Fibonacci Extension Level 1.618? Please share your thoughts!
* This is NOT financial advice, I will NEVER share a financial advise, I am just using my own analysis and bringing this up to consult with the community and share thoughts together!
NZDUSD - H1 - Wait for Pull backHey traders,
Please Support this Idea with LIKE if it is Useful....
NZDUSD
There is 2 scenario for this symbol:
1-Price is pulling back to middle line of fork and then it will grow up to Top line of Fork.
2-Price is breaking out the middle line of fork and then will pull back and then fall (Base on Hidden Divergence).
The best thing to do is to wait and see the price reaction and then get a Position.
I hope this analysis be useful and we can get a profit from it.
Good luck!
Bitcoin Cash - Daily UpdateBottom Line: A third wave rally is in its early stages.
Key Levels: Above 280.33, 324.90, 337.64 Below 133.74, 204.46, 231.43
Outlook: Higher in a developing third wave advance against 204.46.
Analysis: We continue watching for evidence a small second wave correction is at or near an end. Key support for our outlook is 245.59, with critical support at 231.43.
QLCBTC created a double bottom 🦐QLCBTC created a double bottom and c-fork.
The price is trying to have a new breakout upwards.
IF the price will have a breakout from descending daily trendline, and daily resistance and flip into daily support,
According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bitcoin's 'Hard Forks'This is a thread looking to tell the story of Bitcoin's swings with Modified Schiff Pitchforks (aka 'Hard Forks' because they are tricky to understand and explain for TA beginners). This is a bit of fun, but there is some serious TA in there as well. These tools are legit and I recommend spending some time learning geometry techniques like these, or not... whatever you like.
I'm looking for price to break above the median line (ML), but a conservative target is a re-rest of the ML.
Should we break below the lower median line parallel, I might have to reconsider the options in the very short term.
XLMUSDT nice breakout from c-fork 🦐XLMUSDT nice breakout from c-fork (CHUVASHOVFORK) and now the price wants to test monthly resistance 🦐
IF the price filps monthly resistance as support According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
weekly analysis of litecoinlite con after a big falling and retraceing its on teh strong support line, and now it breaked the roof of long term channel and also its on the base of fork. it can have a big raising wave with the good target almost 300% profit as its the roof of the fork and also as the width of the channel.
[$ETC] Vision CT Ethereum Classic - Fork comingBonjour à tous,
Le graphique parle de lui même :)
On vise un retest de la Kijun Weekly et avec l'événement du Fork arrivant, certains investisseurs pourraient spéculer à la hausse le prix de l'$ETC.
Cela correspondrait à la borne haute du canal haussier depuis le krash du 12 mars !
Un target vers 8$ - 8,50$ permet de proposer de beaux gains en cas de succès.
Le $BTC est revenu après une belle impulsion hier et semble corriger , à voir où nous retrouvons de la liquidité!
Comme toujours , trade safe , stay safe !
You might miss the train! ETH just hit the bottom of pitchfork.My previous ETH analysis was of because positioning of pitchfork points wasn't snapped to highs and lows. My mistake.
If we extend upper channel to fit the high of 364usd we get pichfork extension of 2.34. If we apply same 2.34 to bottom of the channel, ETH hit exactly the bottom at 138usd. Trend is still intact, and this could be great opportunity for long with tight stop loss below the channel.
FORK - Bullish Zone - Momentum GrowingFuling Global, Inc. is a holding company that engages in the manufacture and distribution of disposable plastic food service products. It offers disposable cutlery, drinking straws, cups, plates, and other plastic products. The company was founded in 1993 and is headquartered in Wenling, China.
SHORT INTEREST
7.19K 09/13/19
P/E Current
4.35
P/E Ratio (with extraordinary items)
4.35
P/E Ratio (without extraordinary items)
6.01