NYSE:SNOW This chart pattern of a 4hr H&S is quite prominent. So far so good if you're a bull you want to see this neckline hold. As the saying goes nothing is more bullish than a failed bearish move. If the neckline breaks it's trading back down to the 150s IMO. If it can hold I expect 190s to print. Based on the Modified Pitchfork I have if we chop around the...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders, after a break, I'm back with my daily analyses of the cryptocurrency and forex market. Welcome to the second season of my technical analyses. At this stage, I will be shareing my short-term and medium-term positions on Bitcoin, Ethereum, XAUUSD, EURUSD, and the DXY Index with you. ✌💥If you are satisfied...
A rough sketch of two predicted bearish paths. We could see five pivots as one wave (of course, the breakout of the previous high would invalidate this assumption). If it's WXYXZ- black. If it's a less-than-ideal impulse wave, 12345. This is derived from potential S&R that Gann Square, wave analysis, and the pitchfork can assume.
I am using the Fib Spiral with a Circles to help project price and time inside a pitchfork. Notice how COINBASE:BTCUSD really started breaking out to 30K at the edge of the first major circle on June 20th. The second smaller circle is taking the recent lows at 24.7K from June 15th to the most recent high at 31.5K on June 23rd. If we look at the edge of this...
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: There is no valid H4 fork. Pevious week's levels - Orange: H1 fork (upper level) Next move - Purple: H1 trendlines - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long forks (between the median and the upper parallel) and previous week's levels - Orange: H1 long fork (near the lower parallel) and previous day's levels Next move - Purple: H1 trendlines and Finonacci levels - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (median line) - Red: There is no H4 fork (near the upper parallel) and previous week's levels - Orange: There is no H1 fork (over upper parallel) and previous day's levels Next move - There is no valid fork. Red arrows short trend (maybe new short fork), green arrows long trend - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long fork (upper parallel) and previous week's levels - Orange: H1 short fork (between the median and the upper parallel) and previous day's levels Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short trend and long correction. If the fork falls, it is long.
Analysis - Black: D1 trend long fork (median line) - Red: H4 long fork (upper parallel) and previous week's levels - Orange: H1 short fork (near the median line) and previous day's levels Next move - Purple: H1 trendlines, - Blue: H1 levels to be retested - Short correction and long trend. The rising move, after a false breakout, can widen. If it breaks, the...
BOIL price fell 98% but the technicals (particularly analysis of pitchfork lines) indicate that BOIL is a good buy opportunity.
We just broke Resistance 1, but there is another Resistance 2. Even for Resistance 1, it could be a Fakeout. As per the Wedge that has formed, I would be inclined to see three touches on the lower side (only two for the moment), so I would not be surprise to go under previous low, also as a spring of the accumulation. This is still a bearish evaluation, less...
Jet Blue is a buy and will be for the next two years. Price moving to $9.50 for possible resistance. It's making $11 by September.
This is what I am seeing for NYSE:U as it looks like it wants to climb up into earnings.
Looks like NASDAQ:AMD may have found its bottom on this young pitchfork that I see forming actionable setups. After filling the gap it looks healthy and ready for higher prices. Expecting 140s before earnings.
This is what I am seeing on RIVN, looks very bullish. this pull back was a buying opportunity imho.
Looks like NASDAQ:NFLX wants to hold its median band (red) on this pitchfork. I expect higher prices to run up into earnings. Could see as high as 450, but a safer bet would be a bounce back to 430+ prior to earnings on July 19th.
This NASDAQ:JBLU pitchfork chart looks to be playing out well. After breaking our of a large base in the 6s Jet Blue has its eyes on higher prices.
So far so good BTC seems to be following this Pitchfork formation. I have a price target of 33,600 this week or next. Look at how well support help on the bottom green channel today. COINBASE:BTCUSD