ETH update, Still in my initial entry, 1552. Added to my position, 1799. Looking tired to me, so TP and watching for retrace. I've been around a while, I know I could be wrong, so I am not all outing until the market proves it's done, then I'll flip. #Altcoins #Elliotwave
The DXY is showing signs of a strong reversal, zooming in we can see why, price has struck an energy point, 2 lines intersect to form support, aided by a median line of the Pitchfork. Double support is usually strong, triple much stronger. I would expect that the DXY is seeking a daily cycle low with a flag. I place lower probability for 11 October being a cycle low.
Price reached sliding parallel line of fork. Open risk entry
My pattern in Eur/Usd for next #5 months, The euro faces the Federal Reserve interest rate decision later today. EUR/USD reversed its direction and closed in negative territory below 1.0600 on Tuesday after rising to a fresh weekly high above 1.0670. The Federal Reserve's (Fed) policy announcements later in the day could trigger the next big action in the pair.
Pitchfork on GOLD. As I cannot predict the future of GOLD, I publish my chart analysis and you have to decided in what direction GOLD will move and take action.
Note: This video is for educational purpose only. Trade at your own risk.
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000. In this week, bitcoin price continues to move in an ascending channel (in yellow). ]f the price breaks the Bollinger midline, there is a possibility...
BTC's 18000 +/- is confluence of zone of :- 1) Quasimodo level (QM) 2) Demand Zone ( Cyan rectangle ) 3)Pitchfork line (cyan)
It seems that if it crosses 35,000, there is no obstacle to go above 70,000
...if @elonmusk makes of @Twitter the @PayPal of crypto (!!!???) We will check the levels on this chart. 50% lower parallel Median line as dynamic support zone (test) right now. Update of:
XAUUSD is forming a triangle now in wave 4 (yellow) = last pullback from uptrend since 6/Oct/23 low. P/s. 2005 +/- is a confluence zone of :- 1)Daily Order Block 2)Pitchfork Parallel line
The US100 index has hit the median line of a Pitchfork & showing weakness, it has taken a long time to reach this peak, looking at history it is likely to drop for 2 months towards 13,650. It so stretched that past 4 weeks price has been above the Keltner channel.
⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake , Bitcoin fell again after breaking the🔴 Resistance zone($28,450-$28,000 )🔴. 🔄Currently, the 🔴Resistance zone($28,450-$28,000)🔴 has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in...
XAUUSD, just broke trendline liquidity probably with false breakout. Possible having a deep pullback toward 1888 +/-. Before resuming uptrend toward 2000 +/-. Where 2000 +/- is multi confluence zone of :- 1) Weekly Order Block 2)Yellow Upper trendline 3) Pitchfork parallel line and etc
SPY reached the middle of one pitchfork and the bottom of another pitchfork. From here, it looks up. This is based on technicals only and fundamentals may obviously affect the market beyond that.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! 22.50 is my new level, 22.05 is the start of the area. Broke down and found resistance under. Bulls need to break and flip. Either #Sol is the strongest or the...
MCG showing the battle being waged at the median line of a thin Pitchfork, still lean heavily on the idea that 5 July is potentially a Weekly/Yearly low point as we saw buyers step in around this level. The line that confirms a weekly low is the blue resistance & a close above the 10 week moving average. Should the share go lower than 5 July we would know that...
As indicated in the chart, gold is in a downward sub-trend in the weekly chart The price went below the midline of today's fork and now it has returned to its midline after a correction. Now there are two possibilities: 1- The price will pull back to the midline and experience lower levels 2- The price of the midline should break upwards and return to the...