Get started

Pitchforks

DNA do not touch this!The stock is at absolute lows, in stark contrast to the sector indices, which are not at these levels. This relative weakness suggests extreme caution regarding the stock. It will be necessary to wait for some confirmation, such as signs of strength and interest from buyers, BEFORE considering any bullish positions. We are in the area of the lower parallel of a Median Line Pitchfork that has captured the bearish movement. At current prices, caution is necessary; prices are undoubtedly in oversold territory, but this does not mean a reaction is imminent. We reiterate: Clear reactions will require multiple confirmations.
NYSE:DNA
by locatellicharts
Quilter Seeking a Weekly/Yearly LowQuilter is moving into a long weekly cycle, currently in week 42. Price is also seeking a yearly low, the last was the COVID low and we are well below that level. Ideally we want price to go below the previous weekly low (R16.61), this gives a good runway to the upside. The dashed pink line is where we will have confirmation of a weekly low by closing above this line on a weekly basis. The dashed green line is we will get a confirmation of a yearly low by closing above this line on a yearly chart. The blue line is the daily cycle line, closing above this on a daily chart with a swing low means we have left behind a cycle low. Of interest is the intersection of support formed by previous weekly low horizontal blue and a median line of the Pitchfork, double support usually provide turning points. Higher risk entry would be a close above blue daily cycle line.
JSE:QLTLong
by runyamhere
AMS Seeking Long-term LowAngloplat chart shows that price is in long-term decline and we are getting close the COVID low price. Price action has respected the Pitchfork and we see an area where there will be expected to be strong support, the intersection of the Pitchfork support and the horizontal support line. Before we get there we might find a turning point where the lowest price of the COVID low closed. The blue trendline is the line defining the weekly low, this we know when price close above this line and the 10 week moving average, whereas the green trendline represents the yearly low price.
JSE:AMSLong
by runyamhere
The fate of Not Coin / A big failure or a 10X price increaseBINANCE:NOTUSDT GATEIO:NOTUSDT Hello Dear Traders ⏱Despite the listing of Not Coin in reliable exchanges, many reports have been published in various sources about the network security of this project, which challenges the fate of its price. For example, I have put one item in the chart for you, one of the security indicators in cryptocurrencies for Not Coin is near zero. ➡️Looking at the status of Not Coin price chart, we can see that buyers are weakening above the yellow area. ⚡️If the price drops below the specified area and consolidates below it, Not Coin can drop to near the $0.01 level. 🔴In the opposite scenario, the stabilization of the price above the specified area or the increase in the volume of Not Coin above this area, the price can advance to the level of $0.03.
Short
by CrazyS
📈Fetch AI can go high to $20 level / Alt Season rally📉BINANCE:FETUSDT COINBASE:FETUSD Hello traders. Fetch AI is my Second suggestion for the altcoin market. As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯 Considering the previous price rally, there is a possibility of a price correction to the middle levels of the pitchfork (dynamic and then static supports).🧨 The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲 In the following week, I will introduce and complete the list of my suggested altcoins. I plan to monitor these altcoins weekly.
Long
by CrazyS
3