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Pitchork

XRP | Stick a Fork in it :)So we've still got a longer term uptrend and Fibonacci channels seem to be holding fast and true. We still have a pretty strong forecast for a golden cross (50 EMA up over 200 EMA). With the recent pump we've got two possible fork situations with the nearest term fork taking us lower but the the broader trend would indicate more room for higher levels. I like the idea of a stop entry buy if this breaks into the upper 1.618 Fib channel and then topping around 0.70 . . let's see what happens. We're double toppy at the moment but again, let's look at broader momentum. Remember, XRP has a tendency to dump hard after pumps so always DCA / split your stash and be super careful with leverage. XRP is like dynamite so handle with CARRRRRE :O * * * not investment advice * * *
by FudBox
7
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.
BITSTAMP:BTCUSD
by entertheroach
2
Aurora Cannabis ACB (TSX) ... Dazed and confused !Aurora Cannabis (ACB) has managed to give up 99% of its value since its October 2018 high. Certainly this is wealth destruction at its finest. I can find no technical reason to jump in here other than its at the bottom of a channel (pitchfork) and has a gap that needs to be eventually filled. (This is a TSX chart as they are open today). For many this psychedelic dream has become a nightmare. Would not I bottom fish here ?? .... no not on my dime(bag)! Not investment advice... do your own due diligence and respect overall market trends. If you have a any fundamental or technical reason to purchase please comment. Have a sweet trip S.
TSX:ACB
by Steve666
✅BITCOIN PRICE IS UP TO RESISTANCE LEVEL -CAN BREAK ITHello my friends, today I want to talk with you about BTC chart. Here you can check my previous idea where I wrote that BTCUSDT will continue to grow and will exit upward daily chart At this moment price already trades above of previous resistance line that become support 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 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.
Long
by ZAKNOGO
✅EUR_JPY MOVE DOWN |SHORT POSSIBILITY Hello my friends, today I want to talk with you about EURO / JAPANESE YEN CHART PRICE MAKE A CLEAR UP TREND Now we notice that there is a change in behavior after small range I think price will go short to the sliding parallel support 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
Short
by ZAKNOGO