Pitchforks

TOTAL2 Index Set to Surge Towards $2.5 Trillion!CRYPTOCAP:TOTAL2 📈Which side you pick? Bulls or Bears This chart shows the gravity points for the TOTAL2 index. It also describes the potential targets and their different probabilities of realization. The nearest zones within this structure are highlighted in green. After TOTAL2 broke above 1.29 trillion dollars, and with Bitcoin Dominance (BTC.D) decreasing, a very likely scenario for TOTAL2 is reaching the 2.5 trillion-dollar level. ⚡️Target: 2.5T

by UnknownUnicorn18258085

GOLD & SILVER Short idea Hi, We have an interesting bearish idea with the metals GOLD & SILVER. Being highly correlated we are able to extract confirming bearish signals of a turn next week. Price action shows selling pressure is greatest in Silver ( The Divergence Circle ) creating a vacuum against the yellow dashed horizontal line where GOLD has closed the GAP against the same line. Apart from this the same can be observed on the horizontal plane with Silver failing to reach the yellow diagonal frequency line showing

by inflectionpointtrader

DXY afternon analysis Long-term analysis of DXY. Bullish count sees double-combo of March 2008 low, W is a regular flat, X is a zigzag, Y would be a zigzag with target of ~128 and median line of pitchfork to complete wave C of Y. This move would likely see US10Y targeting 8% in a long-term bond long-squeeze.

by discobiscuit

2025 Stock Buyback Crash I think there's going to be a major stock market crash now. I drew a Schiff Pitchfork connecting the peak and bottom of the 2008 subprime mortgage crash to the peak of Covid-19. Why? I'm looking at the geometry of how the stock market reacts to large systemic human problems. Notice that SPX is now overbought in exactly the same region as the 2000 dot com bubble crash. What is this thing I'm calling the "Stock Buyback Crash"? Well without getting too political, the name of the game in Capitalism

by zerocashcool

Bitcoin 1D Pitchfork & Correlating Tops Where To Next For $BTC Basic little draw up from now just checking market sentiment with the MACD providing great analytical insight into where we are NOW and were we were MID bull run from $75k ATH to $109k. See the bearish MACD over the ATH of 75k and the same over the 109k ATH. We are back to zero on MACD we should see small dips or sideways movement but more volatile as price is higher. It will always seem more volatile as %s of BTC price are larger. So 10% drop or gain now on $93k is $9.3k where when 1 CRYPTOCAP

SOL/USDT Analysis: Descending Channel Meets Critical Supply Zone 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 right. We've seen several clean touches on both the upper and lower boundaries, which gives this channel formation strong credibility. The

by TheCryptoFork

LTC $600-$1600 LTC followes Pitchfork very well. Fibs level indicates $600 and $1600 are imminent. For long-term, $6k is very easy.

When and Where this Bull Market Ends / BTC.D and TOTAL3 Behavior CRYPTOCAP:BTC.D Bitcoin Dominance and Alt Season Trigger: The chart indicates that when Bitcoin Dominance reaches around 59%-64%, there’s a high chance of an BTC dominance market correction. This level often signals the end of a Bitcoin rally and the start of funds flowing into altcoins. You can use this dominance level as a timing signal to anticipate the start of the next alt season. Historical Patterns and Timelines: Key vertical markers show important dates from past cycles, su

by UnknownUnicorn18258085

NQ1!/NDX technical analysis Technical analysis of the Nasdaq, comparing futures and NDX. Charts show essentially the same thing. Completed impulse waves, red median lines being tapped signaling tops.

by discobiscuit

correction to 80,000 It seems likely that a correction to 80,000 is possible. If the 90,000 level is lost, there is a high chance of suffering or worse, moving to lower levels.

US30 morning analysis Technical analysis of US30. Cleaned Elliott Wave count off chart. Pitchfork drawn from major pivots over the last 5 years (March 2020 low to January 2022 high to October 2022 low. If price cannot tag the median line (red line) of the pitchfork, there is a high probability that price will return to the last pivot (green ellipse). At present, tagging the median line would require ~20% gains from current price. Anything is possible, but odds would seem to favor <20% gains in 2025. Price again

by discobiscuit

Bitcoin local long from action line There's a new action-reaction set with a long entry that has nice Reward:Risk ratio

ETHUSD evening analysis Technical analysis of ETHUSD. This count has price at or near completion of wave ((1)) of iii. Wave ((1)) has completed a five-wave structure. Wave ((2)) valid with price above 879.80. As price never tagged the median line (red-line) of pitchfork, this analysis suggests a deep wave ((2) towards 1000.

by discobiscuit

US500 evening analysis Technical analysis of US500. This analysis has price in wave 4 of (5). Wave 4 would appear to be an Elliott Triangle Wave. If accurate, wave 5 of (5) would provide one more all-time-high to complete top (unless truncated). Price is very unlikely to tag median line of pitchfork (red line), a bearish side which suggests price should fall back to 5835.6 at a minimum. Count valid for price below 6197.

by discobiscuit

#KONTR Technical Analysis The descending trend line clearly shows that the price is controlled by the market makers. It can be followed within the channel after volume breakouts.

by Pixelindream

TON's Decisive Moment: Pitchfork Analysis Shows Key Zone Confron 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 "Strong Supply Zone" around the 6.4-6.8 USDT range and a "Weak Demand Zone" in the lower areas. What's really grabbing my attention ar

by TheCryptoFork

DXY on the rise.DXY has completed its Wyckoff Accumulation and is headed higher. The DXY strengthening supports shorts on XX/USD pairs.

by TranceaddicT66

GBPUSD Breakdown Pitchfork tells all. GU has broken out of the Pitchfork, retested the lower boundary ... and failed. The market structure at 1.2680-1.2660 has already been tested and cleared. It looks like the next structures are around 1.2613-1.2597 and another at 1.2567 - 1.2556 I'm looking for a TP around 1.2570.

by TranceaddicT66

above 280,000 If support holds, the probability of reaching above 280,000 is high.

120000 - 200000 If support is maintained, the probability of reaching above 120,000 is high.

AVA local short off a action line AVA lazily broke trendline and started to move sideways. Now we have a good down sloping confirmed Action-Reaction set. We can have a short position with rather tight stop

$RXRX - Believe we are at the start of Wave 5 I've been trying to wrap my head around the movement with the $9.50 spike recently from an Elliot Wave Theory and fibs perspective. The closest I've gotten to making it all make sense is that we just had a crazy wave 4 correction and this low of $7.24 works out fib wise with wave 1. We also have 4 divergences in our favor. Let's see how this theory holds!

NAS100 afternoon update Technical analysis of NAS100. Update on proposed ending diagonal. Price doesn't seem likely to tag either of the median (red) lines of pitchforks drawn, a bearish sign implying price will return to 20309.1 and eventually to 18297.4. Count is valid with price below 22100.4. If count is correct, would expect impulsive price action back towards 5 August low.

by discobiscuit

Gold local short from an action line It is a good time to take a short from an action line of current down sloping action-reaction set. Also we are slowly breaking under resistance levels.