TheCryptoFork

TheCryptoFork

Hey fellow traders! Let's dive into this fascinating SOL/USDT hourly chart that's showing some really interesting technical patterns. First, what immediately catches my eye is the descending channel (those yellow parallel lines) that's been guiding price action. The text on the chart points out "Multiple Touches Confirming the trend" - and they're absolutely...

TheCryptoFork

Hey traders! Let's break down this interesting TradingView chart of TON/USDT that's caught my attention. I've been trading with Andrews' Pitchfork for years, and this setup is particularly fascinating. First, let's look at what we're seeing. The chart shows several parallel pitchfork channels (those green diagonal lines), and two key zones have been identified: a...

TheCryptoFork Updated 

hey guys today i'm here with a sol analysis that just came to my eyes, the schiff fork could not hold the trend very well and that's fine since it will now indicate a broken hagopian line that can lead price to marked levels, this is still not confirmed since we are at pullback level of a broken support zone which is now resistance and it's just the first touch,...

TheCryptoFork

as we all have seen, there was a price rally very recently which is a great sign, you ask me why? because this rally just broke a very major fork which has been in play for a very long time, currently price is stuck at a very important pivot which is confirmed as the red fork broke and has a pullback to it, so this area can easily push price down a little bit but...

TheCryptoFork Updated 

Luna has broke through the frok it's been rolling inside, this is a change of behaviour, the better part is that it's clearly pullbacked to it, this is one other fork rule that if a line is valid and is broken, then it should pull-back to it and there you go we have it. Now we are stuck in an Energy Coil which seems to be forming, i expect a peak to the upside to...

TheCryptoFork

Currently there are only 2 forks in play, the smaller one which captured the price and seems to have the right frequency as of now and the bigger blue one which done the same too except the blue one has already proven it's validity 2 times which makes it powerful. Currently what we expect is that the price reaches it's median line with 80% of probability which is...

TheCryptoFork Updated 

As some legendary trader says: "as above, so below .." this is exactly what happened here so, this gives up an amazing long opportunity we still not sure if this is gonna work or not but our R:R is 10 so no worries DO NOT OVER LEVERAGE THIS AND DO YOUR OWN RESEARECH BEFORE ENTERING ANY SIGNAL OR USING ANY IDEA THIS IS JUST A TRADE IDEA Thanks for your attention

TheCryptoFork

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...

TheCryptoFork

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...

TheCryptoFork Updated 

So, 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...

TheCryptoFork Updated 

I 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...

TheCryptoFork Updated 

Previous 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 ...

TheCryptoFork Updated 

what you can see here is a double fork hagopian triangle strategy (or at least what i call it), it aims to use a triangle lines as hagopian lines and use the failing fork to identify the failing side and trade in that direction, i usually find it to go at least 80% of the profit bar (which is nothing special but the triangle height). if you don't know what...

TheCryptoFork

The actual slope of this pair is the blue fork which is the result of the analysis in daily timeframe, but for a short term aspect of the price, we have the current green fork which is for 4h timeframe, as i have seen previously, when a fork reaches to it's median line and zooms through it but never make it to the MLL (Median Line Low) and comes back up the median...

TheCryptoFork

As you can see in the chart the price is at a key level of resistant which has the same slope as current active pitchfork, as the matter of fact this line has been holding the price and changing ( or more called as Flipping Line) We also have an ongoing energy coil which is being formed right below the area we are currently talking about i also marked some...

TheCryptoFork Updated 

price reveres at median line with a great precision, and now have created a lower low compared to previous market structure (sign of weakness), we have 2 short setups that can occure, one is aggressive and the other one is alot safer, you can either try test/re-test strategy and get short on the next touch on the energy point for a 1 to 6 R:R or wait for the...

TheCryptoFork

as you can see in the chart, there are 2 valid zones for buy and sell, the buy area is a monthly ATR based pivot which is still not confirmed, the sell area is a weekly sell area which can easily hold the price, the idea is that the price will get into a massive range between the upper sell area and the below buy zone, current ADA targets are marked as the...

TheCryptoFork

So the head and shoulder pattern failed to push the price any further but a new up-trending fork is formed which perfectly aligns with the bigger down-trending schiff fork and the trend line which creates a point of energy that could attract the price, this is what i am expecting the price to do, if we got a divergence at top of expecting head and shoulder pattern...