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Pitchforktrading

BTC - What's btc doing now?The top that we marked actually worked and reversed the price okay what now? Short answer not so clear, but there are few ideas around it: as you can see the frequency seems to have changed to the pink fork which is a short term and one of my favorite types of forks, but this kinds of fork are not so valid not until we see the Median line so no trades here but we can have a good indication of where might be heading the first 2 guesses are those energy points that i marked but when? only if we get below 41700. There is a failure strategy of pink fork which should be confirmed, how? when the fork retraces to a fib level the size of the fork it self, it should bounce of it and never get to median line, only then the price can travel upto 1.272 / 1.618 of fib extentions, this retracement usually happens at 0.618 which is a close one to 41700. long story short if we keep breaking lows (which is what's happening right now which the low seems to have been broken), as pitchfork probability says, we can goto Median line low with 80% probability and it's the best DIP that can happen, why? since the fork voilated the median line and broke through it, the chances that the price can bounce of the Lower paralel line are so high so have that in mind if that happened. I'll update ya soon if something catches my eye Good day to you all!
by TheCryptoFork
✅Bitcoin – I am going to open LONG Hello my friends, today I want to talk with you about BTCUSDT chart At this moment price already trades above of support line after tested I think price will go up to the sliding parallel resistance for now the scenario seems more logical. So be ready for such scenario. lets see Enjoy the market This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you
Long
by ZAKNOGO
8
LINK - What can happen to it?As a long term view, i cannot say with high probability what's going on but there is a energy point in view and a triangle created in between that area that can be a price target, there's no clear area of support or resistant in that area that fits perfectly but the best shot would be 19.522 since it's a valid swing high and must be broken if we want to see higher prices in future. The swing has created an energy point too but not as valid as the next one since it has confluence with other pivots on the chart as well two bigger picture forks which one of them is a strong valid one and the other one isn't confirmed yet BUT we use it as confluence not for trade to summerize, we can watch for 20.800 which is a round number too, to get short OR use it as a take profit target. Have nice day Ask me any questions you might have
by TheCryptoFork
✅ Don't miss the great buy opportunity in MATICUSDT Hello my friends, today I want to talk with you about maticusdt chart price zoomed the resistance and trades above it now price come back and tested it and closing with good separation that's mean there's buyers in this area volume profile confirms it through analysis my analysis I still think that price will continue to grow to our target for now the bull scenario seems more logical. So be ready for such scenario. lets see Enjoy the market This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
MLong
by ZAKNOGO
Fantom, is it ready? not so sureSo, it's still not clear what fantom is about to do but there's some idea about what i think can be possible: If you are planning to invest in it, i'm probably not LONG not until 2.078 or 2.153 is broken, ask me why? that's clear, that's an area between 2 major swing highs, when a price cannot peneterate through it's swing high then it's not bullish Current'y we have a very nice fitting sloped organe line which seems to be capturing price so well that i cannot deny it it comes at a confluence both resistant (which is a fresh one and just flipped from support and it's the first touch ever) and the top of the down-trending channel so you have at lease 3 type of trades on your side if you are short The fork in force seems to be the green one, but it's doomed to fail if the swing high is not broken, if that breaks you can relay on the green for to catch the next move on MLL (Median Line Low) but it seems that the fork in foce can be the blue one, it's not confirmed and is not ready to trade still, you can wait for the red lines to break, those are not major swings but they are inportant enough so you can detect a change in the behaviour In addition, if the orange and channel broke, look for the Red fork, it can capture the price but not very trusted. Feel free to ask me any question about the analysis Thanks for your time
F
by TheCryptoFork
ADA, still in a down-trendI don't have a long term idea for ADA right now but i can give you a short term one. Here we have an expanding triangle which is forming well but haven't finished yet, we don't really expect it but it gives us a clear idea of what price might do. as we, pitchfork traders, are always looking to trade with an active slope but many of you guys might have noticed trading with just one fork is throwing money in the trash and you may end up losing more than winning so instead of doing that, we are trying to find a valid fork in here this triangle gives up 2 promising forks, the blue one is a simple one with A inside BC ( This kinds of forks have a higher probability of capturing the price ) and we have a green one which is a modified schiff fork. in here we have a confluence point of 2 forks crossing + a very nice and clean horizental line crossing from A point of the triangle. as the long term aspect , ADA hasn't broken a swing for use that we can surely say it changed it's behaviour so we are still short. my idea is that we can go short with the down sloped fork to the median line. who knows maybe the blue fork breaks and the price goes to the swing and breaks it BUT ONLY THEN i will be looking to go long but not now. Hope this helps you, ask me any question if you have any Thanks for you time.
Short
by TheCryptoFork
ETH - long ideaPrevious strategy worked fine and we closed the trade with profit, now we have another strategy for steep markets. it's more simple but it again uses hagopian's rule as the main idea of it when you see a Drop base Drop or a Rally base Ralley structure, you can use the start point ot the move as A point, the first low as the B point and the highest high as the C point, then if the fork failed and the hagopian's line is broken, you can trade to pivot C and even A if you can manage your position. here we still wating for the break of the hagopian's line which is the sloped green line, it's a scalping trade so make sure your stop is tight and below a valid market structure, we mostly likley want to enter on a pullback to hagopian's line and not just breakout since the timeframe bares a lot of false breakouts (like one we saw in the last analysis). The pink line is a key swing high and a flipped resistant zone ( which is support now ) which if breaks we can expect the price to fall even more. i'll keep you posted, ask me any question you have or any pair you wish me to look at thanks for your attention
Long
by TheCryptoFork
ES - S&P 500 - Profit P5 Is CommingWonderful how the Count 0-5 works out. At P4, price should reach the U-MLH. But instead it turned south, leaving a void up to the U-MLH, which in a Pitchfork-Trader term is a "Hagopian". The Rule Of Dr. Hagopian: Price will move more in the opposite direction than from where it came. In this case, price came from the CL (Centerline). And therefore price moves beyond the CL, which it did. Another beauty how the rules of a Pitchfork-Trader work. It's just great to know that they work with a super high probability. Not everytime, but more than enough to print $ §8-) OK, now what? Well, when price went below the CL again, it zoomed through. After a Zoom we expect a pullback. And it did. Another rule that worked out. After the pullback, price got rejected. And there it lies in front of us, the final target P5. This P5 of course can be much lower than in this screenshot projects it. However, after price reaches P5, prepare for P0 (zero). P0 again? Yep! After a P5 the full Swing/Pivot process has played out, and we start from new, just in the opposite direction. It's kinda printing money like the FED - just without lying and megalomania (also known as delusion). I hope this makes you curious to trade with Pitchforks. They're just a tool. But when used in the right context of your trading, they will be PLATIN for your profits... and nerves too §8-) Stay save out there. #ILoveThesePitchforksLikeSwissCheese
CME_MINI:MES1!Short
by Tr8dingN3rd