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...
VeChain quick daily chart update: VeChain is still within its upwards Pitchfork Pattern (Points A,B,C). VeChain is back above its Lower Yellow Pitchfork Support Line. It looks like VeChain may soon attempt another crossing back above its Pitchfork Media Line. For this timeframe, there is no fear of VeChain crossing underneath its Pitchfork Hagopian Line...
Looks to be a bull pennant forming on a monthly scale. Obviously US china relations are the real problem and the possible 'delisting'. When it comes down to it $BABA has earnings next week. It could EASILY pump into the pitchfork. Assuming its not hampered by the government This is a long term growth and expect a massive elliott wave over the course of the next year.
Hello everyone! I'm following the double bottom pattern on GBPUSD, there is a formation of the bullish flag (see the green box), and a breakout from it is very important. Today's BoE and US Employment data will drive the further price action.
#BITCOIN #BTC SHORT-TERM TARGETS (1-2 WEEK) TARGET1: 60400$ TARGET2: 64500$ TARGET3: 69500$ STOP LOSS: 52000 RESISTANCE IN 57500
perhaps we see below $100 one more time? i will be monitoring this one closely.
anything below the purple line is bad news bears. leaning bullish though.
Quick ADA Update: ADA had found a bit of Resistance at its 78.6% Fibonacci Retracement Level but at the moment of typing this, is now above it 👍. ADA needs to close this daily candle above its 78.6% Fibonacci Retracement Level. ADA is safely above its 50EMA ADA is safely above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. ADA is above its...
Hello everyone! UTK touched the 20. Fibo level of the Pitchfork and rebounded. Looks like the uptrend is inevitable.
Breaking the upper C-Fork prong could see us retesting the red resistance box above.
I think it's going to dip in the next week by a bit. Will re-evaulate then.
We have an inverted head and shoulders forming on wax. Also following the 3 month pitchfork trendlines nicely. Entry set at .1987 .17 and .15 (to see if luck happens) Then holding for a minute. Good buy under .20 not financial advice. I live in a fantasy.
Hi guys! 👋🏻 🔔 There is a very small gap in CFTC long and short net positions, long positions are increasing, non-reported net positions have 2x more long positions than short. 🔔 Covid19 new waves might support the new bullish for Silver and Gold. 🔔 Both metals tested their respective major support zones and Silver just broke out from the Ending Diagonal. Fear...