I drew these pitchfork lines before Oct. 15, 2023 when I posted my last SPY idea, titled "SPY: strong bullish pitchfork analysis" (see related idea below). At that time SPY was 427.48. Now it's 470.80. SPY reached the top pitchfork line that I drew back in Oct. 15 last year and is at this time expected to fall further.
Cashbuild is in pursuit of a weekly and yearly low price, here we see price finding support at the 0.382 line of the Pitchfork bouncing off it. In the process it has created hidden divergence on the TSI & RSI indicators. We can open a long position when price closes above the 10 week moving average, more risk accepting investors can go long on weekly swing low....
INDEX:BTCUSD
In 2023, Bitcoin:
Rallied off the lows
Broke through the ML
Retested and put in a base along the top of ML
Now in 2024, Bitcoin is breaking out from that base.
Hopefully, volume will confirm over the coming weeks. (Screenshot below)
But... there is no sense in waiting if you aren't "in" already.
Near perfect long setup as it is,...
BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
After receiving support around the level of 38-39 thousand dollars, Bitcoin now has two possible scenarios in front of it.
If the price fails to stabilize in the specified area, the bearish scenario will be activated. But according to the divergence of the indicated indicators in the chart, Bitcoin...
IBKR Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Pitchfork, Confluence, Clusters, Trend Lines, ABCD Pattern, Fibonacci Extensions - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for...
MATIC may still be overpriced and needs a bigger correction before the heavy buyers step in. In my attempt to gauge the size of that correction I have concluded that the price may drop to around 0.17 USD. Please note that this is weekly, logarithmic chart.
NASDAQ:MSFT
Microsoft is breaking out after putting in a base from November to early January.
Plotting a Modified Schiff fork, we see the base and breakout took place right after both passing and retesting the median line.
Adding Fibonacci extensions and a secondary fork, an energy point appears at the intersection of the ML-H, ML, and 1.0 Fibonacci...
AMD Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Parallel Channels, Modify Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product...
M weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for...
SI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Rectangles, Pitchfork, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment...
INTC Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Pitchfork, Fibonacci Retracement, Gap - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for...
SP 500 Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided...
ES (SP 500) Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Retracement / Extension - Hope it Helps, Good Luck
Chart unchanged, just a refresh from July 2023, no update required.
DISCLAIMER - This communication is not trading or investment advice,...
Been experimenting with various indicators and I try to keep it simple. The hardest part for me is to find a target using Ichimoku. I try to use and relearn Fib and pitchfork
My Target is 475.33 and my support is the Kijun support and you can see it clearly here which is 466.68!
LFG
Now to the hardest part. I think I have learnt enough but I realize that...
CRYPTOCAP:BTC.D
Hello Traders, please check out my previous ideas.
As indicated in the chart, Bitcoin Dominance can return to the yellow range, near the pitchfork midline.
BTC.D can reach Bollinger-midline then starts its downward trend.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments...
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SEED_ALEXDRAYM_SHORTINTEREST1:CTK
Found this on a scan and have been tracking well.
Stalking it since mid-Dec.
Time to take notice, MO.
Reacted from level...
