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Pitchforks

ETHUSD/ETHBTC afternoon updateVery intriguing bullish setup for ETHUSD and ETHBTC. ETHUSD holding support at .618 Fibonacci drawn from pivots at 4093.88 and 2100. There are different bullish counts that can be drawn from 879.80 low, will know more if price gets above 4093.88 and how price moves above that resistance. ETHUSD move may be magnified by bullish ETHBTC setup, if low of 0.04474 can hold off .618 Fibonacci drawn from 0.08864 and 0.01614. Immediate bullish targets on both charts would be the median lines of each pitchfork.
COINBASE:ETHUSD
by discobiscuit
Schiff show: VIX gap filled.Volatility is near record lows. Low VIX is often associated with market tops. 0day options have been pushing VIX down further than normal though. Judging from the many solid candles on the monthly chart, the month often closes near tops and bottoms. So there should be plenty of time. The writing is on the wall. But it would not be surprising to see stock prices remain elevated, with correspondingly low VIX, until June 3 or later. Caption: Using the auto pitchfork indicator and choosing Schiff pitchfork reveals alignment with the gap.
TVC:VIX
by Hellork
4
📈Bitcoin on its way to $80K? / Serial analysis on BTC📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. ⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr. 📈 What to Expect Next? 💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. 🔑Key Insights: The level of $72,784 is the optimal level for risk-freeing long positions. The risk of this position is lower in the upward direction due to the price trend. But in the case of falling prices, a possible scenario is drawn in the chart. 📉On the other hand, if the price fails to receive the necessary support at the mentioned level, the bearish scenario will be activated around the target of $69,400. A price stabilization below the middle line of the Bollinger Band can push the price down to pullback to the pitchfork. ◀️Reverse scenario: 🔴Major and hidden divergences are also plotted in the chart. The $67000 level is Bitcoin's support in a bearish scenario. 🔴The main divergence is related to the OBV indicator, which reinforces the bearish scenario. On the other hand, the hidden divergence is related to the RSI indicator, which reinforces the bullish scenario. 🔴The failure of specified support level will bring Bitcoin down to around $65,100. ✅Entering a bearish or bullish scenario with the help of price behavior above or below the 4-hour Bollinger midline can be the most optimal strategy in the current market conditions.
Long
by CrazyS
3
AVAXUSDT (1H) Long ThermThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and advice givers. It should not be interpreted as a recommendation to buy or sell any investment instrument or a promise of return. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results that meet your expectations.
Long
by Fibo114