long terme vision about t-note As we see strong candle at last level of pitchfork with small wick so maybe this trend become bearish ! 80%
CBOT:ZN1!
Pitchforks
Fate of the Bear (SPX Forks)I find these forks to beautiful not to share, the stacked parallel pivots are just absolutely stunning, and the Schiff grabbing the August top call off October's low is just a fantastic addition. Look to the circle for clues on the direction. Read the median line, the zoom, the retest, and the target should reveal in time to take action.
DYODD - YOLO
Test sellersThe market is testing sellers for the third time. It seems that a strong upward trend is ahead
maticusdtPolygon (MATIC) has been trading inside a large range between $0.6876 and $1.05 for the past several days. The price has currently reached the support of the range.
If the price bounces off $0.6876, the pair could reach the 20-day EMA. This is an important level to keep an eye on in the short term. If the price turns down from this resistance, the likelihood of a break below $0.6876 increases. The MATIC/USDT pair could then drop to $0.62 and later to $0.52.
On the contrary, if the price rises above the moving averages, it will suggest strong demand at lower levels. That could keep the pair stuck inside the range for a few more days.
uptrendMaybe we have reached the end of the fall, if the trigger line breaks, we can hope for the continuation of the upward trend
AAVE Maria, Elliott and algo analysis. The waves are looking pretty clear here, MO. But, 82$ is the AOI im watching at the moment. It has played as a resistance and more recently a support. If price decides to move back up to this level I will be watching how it retraces there. If it prints rising PA and falling volume I will be looking for an entry, conversely a break above by a dilly and a retrace to the level would consider a long personally. If this has been inspiring/helpful, please consider a boost and follow and check out the links in the signature. Cheers!
BTC/USD Descending Wedge with Quantitative TighteningBTC/USD 1M Chart:
This is the 4th Descending Wedge Pattern that BTC has been in on the weekly and this 1 month chart. Note that BTC broken downwards on 2 of its Descending Wedge Patterns before continuing upwards.
Things we have to take into consideration
1: We are already in a world wide recession!
2: The FED is about to start Quantitative Tightening which may not be priced into the markets!
3: Quantitative Tightening will possibly take BTC to $12,00 and below!
5. The crypto spot market is controlled by the Binance funding rate!
4. Before the media says the country says its in a recession…… It already is.
5. Be prepared.
If the MACD Line (Blue Line) crosses below the 0.0 Base Line into the Negative Zone of the MACD Indicator then BTC will OFFICIALLY be in mid-longterm distribution on this 1 month timeframe.
Since March 2020, quantitative easing took BTC from about $3,800 to about $68,000, some may say this was even from 2011! So now that we are entering Quantitative Tightening! What happens next?
Interesting times and opportunities ahead.
I hope this is helpful with your trading and Hold-ing.
Ether in parallel low channelHi.
On the weekly chart we have a bearish parallel channel.
If it breaks up, the next resistance would be approximately $5,290 at the white line.
If it breaks down, the next support would be at the dotted red line at $2,675.
Greetings
GOLD Today's Next Move H1 Chart 16-Sep-2022 Moving in a small CHGold is now oversold and waiting for buying volume. Today We are expecting a Buying and Selling both in this small channel.
1st Buy is running in Profit and we are waiting for short Sell till 1645-40 and will buy on the reversal in this same Range.
Support me if you like my Work.
Best Regards,
Muhammad Raheel Khan
Forex Pharmacy
NZDUSD SHORT ideaThe chart pattern formation (Double Bottom) indicates that it's leading to a short trade. It will likely reach the nearest Major median line and minor bottom median line parallel.
ETH reaching Andrew’s Pitchfork 3.618
This is a revision of my previous idea "ETH daily: potential H & S? a path from 1700 to 1100"
Gann square & arc's crosspoint in my previous idea "ETH's support levels- analysis based on Gann Square and arcs" can be almost recognized as Andrew Pitchforks' 3.618 level (the outermost channel) in this analysis.
While the breakout of the support here may lead to the 1100-1200 level as I analyzed in the previous ideas, a strong rebound is also expected if it failed.
BTC Heading to top of Andrews Pitchfork Channel - Short positionMarket frequency should come into play, #BTC likely to peak at the top of the channel. Then heading back to the RED Median Line *statistically happens 80% of the time, a nice edge and initial target for a short play.. IF BTC breaks the channel then likely to retest the channel before heading higher.. given the macro back drop... lower prices on the horizon.
SPY - bullish (pitchfork analysis)This builds on my previous pitchfork analysis (see related idea which pointed to June 17th as the point of reversal and the start of the longer term bullish cycle). While that still stands strong, this is a smaller term analysis. SPY reached the intersection of 2 upper pitchfork lines (well, one bar off the intersection) after which it fell. Now it reached lower pitchfork line which is a likely point a reversal, turning bullish. SPY however may go down to the next red line before bouncing back up. Looking at other, longer term pitchfork lines I drew, SPY hasn't become fully bullish (that is, it reached higher order bottom pitchfork lines than the upper lines.
The real problem here is not the move back under the 20K...but the potential break of the dynamic trendline.
In case of further weakness:
1. 15K and 13.8K pretty relevant static supports.
2. the Median Line per 1.2.3 is (now) pointing out a potential first "target zone" back slightly under 10K (orange arrow zone in the chart).
Confirmation needed.
Update of:
30m Harmony ShortKUCOIN:ONEUSDT
I really like this set up.
Big targets, minimal risk, and forks and price patterns (hopefully) have my back.
I went short at $0.20165
Stop-Loss set at $0.204
Target 1 = $0.194 (1.0 Fib Extension)
Target 2 = $0.1885 (1.272 Fib Extension)
Target 3 = $0.1817 (1.618 Fib Extension)
Fat_Fat
Welcome to Sniper SchoolAMEX:SPY
Fat_Fat the Real American Sniper.
SPY = Approximately 343 by November 2022
Fat_Fat
Weekly Dow Jones Index Energy Point/Gap ConfluenceDJ:DJI
Dow Jones Weekly...
Two Forks, One Gap, One Energy Point.
Fork Warning Lines = 1.618 Extension
(Zoomed Out Picture Below)
Fat_Fat
Median Line $SPX long-term logThe pattern is intercepting the trend here. Nice to see how the 2020 lows found buyers and the price moved back above the 50% lower inside. Update of the concept shared here:
Bitcoin Inverse Head & ShouldersIt looks as if we are having a nice little impulse up after the US data figures!
thepatternsite.com
DJI, SPY, NDQ, BTC, NVDA, SPXS, VIX17 minute video. A lot of information packed in here.
I don't like typing things out when I have 20 things to say, so I'm not really going to do that.
TLDW; Things look bad.
If this video was useful to you, boost the idea so that more people find these the ideas and join the the streams everyday at 9:15 EST: 15 minutes before the market opens.
