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...
SPY Price Action Prediction week of 3/21 - 3/25 Let's go
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,...
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...
TVC:SILVER Monthly SILVER chart. Targeting $150 area later this decade, and I feel this is conservative. If you think I'm crazy, please read and hear me out. Price has been navigating a mega sized cup and handle for 40+ years. The last mega breakout in 1979 - 80 from the Hunt Bros. Silver Squeeze tapped the 6.854 Fib extension. I believe it will do the...
50 MA crossing under 200 MA = Death Cross. Price has left the upsloping pitchfork, and has begun travelling down the down-sloping fork. MACD about to cross bearish. On the hourly, Head & Shoulders has formed right under the down-sloping fork's median line. Downside Target - $120 - Which coincides with 0.618 fib fan & 0.5 Fib retrace level towards the end...
Yellow Line = Halving Date Green Line = Cycle Top Red Line = Cycle Low (Post-high) Percentages = Percentage of cycle completed at event. i.e. - Cycle Top or Cycle Low (Post-high) **Weekly chart, percentages are approximate** **Dashed lines are projected dates**
Two Standard Andrews Median Lines / Pitchforks. Intersection between the two forks is known as an "energy point", which attracts price like a magnet. The median line of the light blue downhill fork intersects the lower line of the purple uphill pitchfork on April 15th, 2022 around the $27,000 level. On the BTC weekly, price is beginning to cross under the Kumo...
BINANCE:SOLUSDT Solana breaking down to $65 level. Price has formed a Head & Shoulders pattern within the upper range of the purple Schiff Pitchfork. The Median line of the white Modified Schiff Pitchfork (using right shoulder pivots) - is holding as resistance, with confluent resistance from the yellow Ichimoku base line. A move above the white median line...
BINANCE:BTCUSDT The Saga Continues... Bitcoin heading lower, for sure. Tons of confluence. Price has been trending down this inside pitchfork since the ATH in November. Price rejected off both the upper median line and bearish kumo cloud twice. -DI crossing above +DI & ADX on the DMI. MACD crossing bearish. 9EMA crossing under 20EMA Bump & Run Reversal...
NASDAQ:GILD Early Long Idea on Gilead Sciences Gilead has navigated 2/3rds of a huge arc that has been forming since 2015, and the arc is beginning to slope vertical. Price navigated the yellow pitchfork on the way down, and now is beginning to be directed by the purple upsloping fork. Weekly Stoch RSI is approaching oversold levels. I will wait for a...
RSI - Broke previous Pivot-Hi Price - Broke above down-sloping trendline, and has not closed outside of the Arc pattern. Previous areas of support/resistance coincide with 1 - 1.618 - 2.618 Fib levels. $FB to complete Arc reverse symmetry move and run up to $375 - 2.618 Fib level In addition - Oculus App #1 in the App Store right now, Bullish.
Gold is getting ready to break out of a decade long cup & handle pattern. The breakout will be violent. I am targeting the $2,500-$3,000 range by the end of 2023. That's right, you heard me. Accumulate as much as you can while you can. Potential Catalysts: Inflation, Deflation, Equity Market Decline, Geopolitical Turmoil.
BINANCE:ONEUSDT Harmony peaked at $0.194 cents, just above the pitchforks upper parallel lines of both the White (Schiff Pitchfork) & Yellow (Original Pitchfork). The RSI reached overbought levels and the DMI noted that the trend was changing when the +Di failed to reach the ADX line at a new high. (Yellow Box) Price predictably dropped to the median line of...
BINANCE:HBARUSDT HBAR is setting up for a nice long swing trade. Confluence between the Pitchfork Median line, Apex of the Ascending Wedge, and 0.5 Fib level. Arc is forming I went long, with a stop at $0.209. I will target the $0.238 - $0.242 area
NYSE:G Price has fallen out of an ascending wedge & Fib resistance fans. Already perfectly retested both the wedge and the fib fan. 9EMA < 20EMA, & soon the 20EMA < 50EMA. I'll add a short to a potential/likely bounce in the upcoming week, as the RSI is already almost oversold. Downside target is the 50% -61.8% retrace of the post-covid crash run. Target =...
Shiba Pump to 0.0000226 Tight stops in this market because the bottom can fall out at anytime.
The Bump & Run Reversal Top & Bottom have both played out in recent history. If this latest Bump & Run Reversal Top plays out, BTC could visit the $38K-$34K area. Not 100%, but certainly something to keep an eye on, as textbook bump & run patterns have played out in the past few months. Purple = Bump & Run Reversal Bottom = Price climbed 24% White = Bump & Run...