lack: D1 long fork. Red: H4 long fork. Orange: H1 long fork. Most likely movement: Long trend, short correction or larger timeframe correction.
Black: D1 long fork. Red: H4 long fork. Orange: H1 long fork. Most likely movement: Long trend, short correction or larger timeframe correction.
After touching 1.300, and embarking on an upward momentum, it seems like its upward momentum has halted as shown in the Andrew's pitchfork tool. It has began to consolidate and we might just be seeing a correction after all, thus continuing its way overall downward momentum. Let's wait and see what plays out...
either bounce off the ma and look for a daily close above 120.5 today, or a drop down towards 112. Looking for a weekly close above 122 or 127. wild guess, but call 117 opened
NASDAQ:ADBE Adobe daily chart looking bullish. This stock has been crucified all of Q1 2022. A $100 upmove would only represent a 50% retrace of the plunge from the ATH. ADBE is reporting earnings on Monday, thus we could see an explosive move higher if the results are solid. Daily candles retested the lower median line of the inside pitchfork, while...
the whales are going to hunt sell limit orders between 2000 and 1989 in order to add to long positions
Upside vs Downside interchangeably for short or long risk exposure at current flat front CL1! price. The IV stands at 73%, which is more conservative than the highlighted risk profile. Not a tradable setup; just for reference timeframes when looking for a bias. The median line, from which the % change is measured, is derived by using the Inside Pitchfork tool;...
SPY Price Action Prediction week of 3/21 - 3/25 Let's go
I'm putting a market pending order in for a long on USDCAD. There is a slight bullish divergence on the RSI and the H4 is in the oversold zone. It could push further down from here, that's why it's only a market pending for now.
At the moment of typing this, ADA is still below its longterm Pitchfork Median Line and has been below it since the 3rd March 2022. ADA is also in a Descending Pitchfork Pattern (Black A,B,C). At the moment, ADA is still above its Descending pitchfork Median Line. At the moment, ADA has found some support from its Descending Upper Yellow Pitchfork Support...
BINANCE:DOTUSDT I am bearish crypto/risk assets overall in 2022 due to the coming shift in central bank policy. (Rising Rates / Quantitative Tightening) However, I don't want to blind myself with my own narrative. The Polkadot daily chart has been printing bullish divergence for 3+ months, and is now setting up for a rally. MACD is showing bullish divergence,...
They've forgotten to pump this enough for the trap Still looks mehish Below the mas hidden bear building only just penetrated the downtrend Oo er missus GRI 2022
On daily chart Enjin Coin BINANCE:ENJUSDT is in the correction wave ABC. Wave A might be at 1.0 within the fourth wave has been progressing which has target in range 1.7 - 1.9 After that, the fifth wave will be end wave A Wait and see My ideas helpful, plz hit a button like to support me. Thanks!
On daily chart Solana found a support around 75. That level is 0.5 FIB from 22.1 to 259.9 Next target 299, 435 and 702
Long term log chart evaluating the cycles of bull and bear moves over decade periods.
NYSE:BLK I'm getting ready to short Blackrock on the next median line touch. Price looks like it is getting ready to make a (short-term) move up. I believe the red median line and/or orange baseline of the ichimoku cloud will hold as resistance. I will open a short position when/if that occurs. Targeting the 0.618 Fibonacci retracement level of the post...
I found this well respected ETHBTC pitchfork with ETH currently bouncing from the bottom of the fork. While BTC is ranging, I'd look for a move up to the midpoint (with .618 confluence) and potentially the high line of the pitchfork.