Bitcoin is meeting resistance at the middle of the Pitch Fan on the 1 hour chart
Dear Traders This is a very simple pitchfork study on ADAUSDT in 4h time-frame. the price touches the lines very well. although it is possible to break out the middle line of one pitchfork and increases to (3), the other pitchfork's target hit. So the most possible movement is a bearish movement to the (1) and (2). please comment me your ideas.
It's no secret that the alarm bells are ringing for bitcoin but what can we expect in the not so distant future? Using pitchfan we can see a clear pattern of tops and bottoms being formed on the blue line (1 and -1). What is interesting is the "no fly zone" that has been established between the Fibonacci numbers of 0.382 and -0.382 marked in green. Price action...
Fibonacci indicates that ADA has reached the apex of the current phase of the current bull, which still looks healthy. For the 4 weeks to come, the price should decline. The bull should resume after. This is also supported by the trend lines of March and September 2020, as well as volume profiling. Add to this that the latest rise was against the market's tide,...
Dear Traders using the Regression trend tool, one can see easily the uptrend channel in 4h time frame. the pitchfork also confirms it. price moves within the channel and hit the pitchfork levels well. As a result, if the price touches the mid-line and breaks it out, it will go to the top of the channel. if the price can not hit the midline of the pitchfork, it...
Long you live and high you fly but only if you ride the tide balanced on the biggest wave you missed the starting gun you run and you run to catch up with the sun but it's sinking half a page of scribbled lines hanging on in quiet desperation no surprise that they're giving none away us and them, up and down with, without the paper...
Prepare for a nice bullish run on snapchat after handle confirmation. Take profits when it breaks pitchfan or at fib levels.
If weekly candle success to close above middle line of this Pitchfan , $BTC will start another rally. and if it is going to close below this middle line, #BTC price will fall into $40k
COIN bounces out of the descending channel that it's been rolling in since the beginning of the week. Has a base of COIN been established at 300? Starting with a horizontal ray at 310 (the bottom of the big drop), I began using rays to connect the higher wicks together, and then the lows together. After that, I extended some rays to the left and looked at...
1Day Btc/Usd - We've got lots of headroom people, and I'll tell you this... after she broke 20k and hit 42k, I've learned not to underestimate her ability to shatter limitations.
As you can see Litecoin touched the pitchfork 0.5 line and created a solid move, quite a possibility for a new uptrend As of now, Litecoin is moving exactly as expected, for more information I will put the link of the previous idea below 👇
BlackBerry. BlackBerry is a company that has all the odds stacked against it. Hedge funds, analysts, triple letter Government entities (looking at you SEC) and shorts. Specially analysts and financial social media outlets seem to have some sort agenda against pushing positive BlackBerry articles. BlackBerry social media has been very active and this is being...