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Chuvashovfork

SPX clearly is going nowhere for nowTime for me to give my view on SPX for probably the next month. The EWT in this chart should only be used as a guide. It's very subjective and price action and geometry are what I give more weight, so lets discuss that for now. I'll also focus a bit on the indicators below the chart as well. First, notice the sell signal in January of 2022 which was the top of SPX. You had a sell signal on both the wave master and the momentum indicator that was stating that we were are the top of the price action. Next, notice the two times we got buy signals with confluence in both indicators. June 17, 2022 and October 13, 2022. These are both on the daily timeframes. Both times resulted in significant rallies. Finally, notice the last sell signal that we got. February 8, 2023. That is the first sell signal we've received in over a year (if you are solely looking for confluence across both indicators - which you should be). We've had a decent decline so far. Ok, now lets move to trendlines. First, notice the downtrend line (DTL) from the ATH down to the recent price pivot yesterday. This trendline is very important and I do not expect we will break it. Remember, this is an index made up of 500 stocks, so there's 500 different factors that will move this train. Likely, there will be money rotating in these underlying stocks which will keep price action above this DTL. Second, notice the uptrend line (UTL) from the low in October which is marked in yellow. We broke it. I suspect we will stay below this for quite a while. If we get back above it in the next few trading days, that would be the most bullish thing I've seen in a long time. Third, the price action between both trendlines is forming somewhat of a chuvashov fork. We'll likely just stay within the bounds of both trendlines until probably at least april before starting another trending move. Ok. Now how about sentiment. I'm starting to see more doomsday charts out there. It's not to the craze I'd like to see in order to flip bullish so this chop is probably going to build some kind of formation to feed the bears. I think we need more time to develop and this fork is going to really help define the future, at least short term, a bit. There's also a LOT of bulls out there that are talking about this DTL. We just successfully retested it. Is this a valid correction from my green wave A to complete wave B (green)? I don't think so. I think more time is needed. Why? TIME TIME TIME TIME TIME Look at the time it took to get from the bottom in October to the top in January. October. January. 4 months. Are you teling me the whole dang thing finished correcting in 3 weeks? Doubtful. We need more time. At least 8 weeks if we go half of the time. We're at the point now that a lot of people are getting 45DTE options OTM for upside plays and people late to the party shorting as well. Let's decay those options and squeeze them out. Give the market some time and by all means, make everything a short term play for now. We're likely in for a boring month but if the market decides to really get volatile, I'll be ready for that, too.
SP:SPX
by bitdoctor
2
DOTUSDT is creating a triangle in c-fork 🦐DOTUSDT is creating a triangle in c-fork. IF the price will break daily resistance and turns it into support, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
FUNBTC Nice inverse head and shoulder on monthly support 🦐FUNBTC Nice inverse head and shoulder on monthly support, and the price is creating CHUVASHOV'S FORK. IF the price will break the daily resistance, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
FLong
by InkyGrip
2
XLMUSDT nice breakout from c-fork 🦐XLMUSDT nice breakout from c-fork (CHUVASHOVFORK) and now the price wants to test monthly resistance 🦐 IF the price filps monthly resistance as support According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
7
[$ETH] Playing with Lagging Span on the Chuvashov ModelHello everyone, We are back now in a range. Times will say if it's accumulation of a distribution one. Well, the second trendline of Chuvashov model will tell us in fact... If we are getting over it, I think we can have this kind of scenario showed in the graph. Otherwise, we will test lower zones. We have also an original impulse starting point between 215€ and 225€. Those levels ned to be kept in mind just in case :) Trade safe, Stay Safe, PEACE!
by NicoDCrypto
Road Map Cypher Trading System by Charter XHello, This is a System I have developed after months of case studies to trace a map when price reach Buying Climax (BC) on a Wyckoff Distribution System or just a simple BC. I'm pretty sure that all of you have wondered sometime where do the measures come from after BC and where will the price could go. Well if you have never asked that question maybe this is the moment, and if you do, this is the possible answer. This study and research i have been doing is based in the study of Fractals or Harmonics that takes place in trading. Measures are done using Fibonacci Retracement tools and with the help of Chuvashov Fork System to verify some of the stages after Wyckoff Distribution System. I usually use Cypher tool for representations as you could probably have seen in previous analysis. If you have not, i invite you to take five minutes of your time and check other analysis (like XAUUSD for instance). But i believe this will be an easier way to visualize it. It is not easy to detect fractals at simple view since they may vary in different time frames. Take in count that if one of the points are broken, it probably means that the fractal in Stage 0 could have been miss calculated, or the time frame is not the right one, or as simple as it has been a mayor change in market due external causes. I would try to use this case on XBTEUR as a sample to explain how it works along time. I hope this helps you out on your tradings and gives you a little bit more of knowledge about Harmonics, Fibonacci Retracement, Chuvashov Fork, Wyckoff and other systems and tools, all combined in one. Cheers! Charter X PS: I leave you the first snapshot to keep track.
by CharterX
5
DJI Fractal AnalysisHey there guys, Time for Mr. Downy (#DowJones) to be analyzed. As most of my charts, i start with detecting fractals and drawing Fibonacci Retracement. So in this case, in one month time frame it's quite easy to read and pretty obvious. Now the thing is that if the market follows the track. So here we start another analysis. Just an idea as usual. I've been studying this one for months so ill try to keep update as usual in less time frames. ill draw channels, patterns, chuvashov fork, etc. Everything that is needed to study this special chart to keep the track cause this one moves the economy big time every time it goes down, so even if it change the fractal that i already drew, ill try to keep you updated. Hope you find it interesting and you are as usual welcome to comment. Note: This are my personal interpretations and case studies, and are not financial advice! Use it as your own risk! Don't forget to check my instagram: www.instagram.com Peace out! Charter X
DJ:DJILong
by CharterX
Testla Inc. (TSLA) 2019 AnalysisHi everyone, I've been helping out a friend of mine with the analysis of #Testla since a couple of months, so now that i have a more detailed analysis, i would like to share this with you all. Tesla it's been really volatile so for those who like volatility on this kind of market, this is one of the few ones. You may take good profits, but at the same time, you may want to move carefully because you may find yourself on an uncomfortable situation. Again, and as usual in my analysis, i base it using Fibonacci Retracement, some line systems that i've created to support some other systems like Chuvashov Fork and Inverse Chuvashov Fork. Regular Trends Channels and Patterns when it's needed. Ill be moving around in time frames so ill recommend you to look closely the times if you check in detail the charts. Hope you find this interesting again, and hope it helps you some how with your trends. This is the first phase, ill upload in a couple of minutes more in depth what is going on and what could we expect from now on. Cheers ;) Charter X
NASDAQ:TSLA
by CharterX
1
Euro / U.S. Dollar 2019 AnalysisHi again, First time doing Fiat Analysis, but why not? :P it;s the same for all charts so, i believe it's a good time to start moving around to some interesting Charts. So, again, this is only presentation. Ill be working with this one in larger time frames because it's a lot different from cryptos and it does not have the same volatility. It moves all different, and that, i like it as a challenge ;) We are moving on a downtrend channel as you all know. I Expect the price to keep falling from now till 21 to between 1.05 and 0.97. i'll get into deep every time i can so. Let's just start with this part by now since there's a lot of information going on already in a Month Chart, but ill be moving around in different time frames. We got the Channel, Fibonacci and Chuvashov in Place. And as usual, there's a Fractal going on that ill try to explain later on. So, hope you find as usual interesting and helpful to a better understanding on how markets works with fiats. Stay tune! ;P Cheers! Charter X
by CharterX
3
Bitcoin 2019 AnalysisHi guys, long time without posting, i apologize for that. I was out for half a year, actually i had to be disconnected since November 7th 2018, a couple of days before the big drop of price, for personal issues (that's why trading is really stressing up so i advice to be in complet control of emotions and keep mind and body clear and healthy lol! without any kind of substance that could blind you out), that's why i could not keep posting last trend analysis of #BTC. Somehow i was right, it was a huge descending triangle that needed to go down to complete the Chuvashov track.but Anyway, here we are, new year, lot of things going on and to take in mind to make good trades so here i share what i have so far. It's based on #fractal in big scale. At this point im not quite sure is the right #fractal that is going on so this is the first idea, which ill promise to be updating to share with the community. As usua, this is not trading advice, just my ideas that i like to share with you guys and hope it could help ya out some how. There are a lot of signals. In my opinion this is the high part of the Chuvashov before the final dropping to start the huge rally so be careful. It could go really down and more because there have being good news for the adoptoin of a new type of coin in the world, finally with real use and possible control of systems, which mean there's gonna be a huge buying of coins. Any way, ill upload some indicators too so stay tuned and happy trading guys! BTW, here's my link to instagram where im uploading some interesting stuff cause it takes me less time to write over here because of work so, i invite you guys to have a look. www.instagram.com Ill Post soon. Jose Fiedler
BITFINEX:BTCUSDLong
by CharterX
6
SPX distribution TR?Distribution TR? - Diverging volume (only converging with price rise during reactionary bounce through TR's EQ) - Overall decreasing volume and candle spread - RSI falling through support - Stoch RSI double top in overbought and will print bearish cross if price settles here or lower for the week - Current doji candle may be signalling an imminent reversal - Price falling through blue C-Fork (Chuvashov Fork) support should indicate upcoming series of lower highs. - Failure of HVN at $2650 to hold should mark end of market distribution and further movement into markdown.
SP:SPXShort
by Chris_Inks
BTCUSD H4/D1 charts (3/26/2019)Good morning, traders. During yesterday's video I took a look at this pair in multiple different ways. I also mentioned that I wouldn't be surprised at all to see a short drop followed by continued appreciation. Well, we got the drop but so far price has not been able to follow through to the upside. That being said, this pair hit oversold on the H4 yesterday and is just now hitting oversold on the H6. With another 2+ hours left in the current H4 candle, we could see hidden bullish divergence print on RSI. We can already see hidden bullish divergence printing on the H4 MACD between March 11th and today and on the H6 MACD between March 14th and today. H1, H4, and H6 Stoch RSI have bottomed as well. None of this guarantees that we will see a bounce from here, but it sets the stage for one. Now we need to see demand come in and follow through. H4 shows a descending wedge printing, and I have readjusted the red ascending channel to fit the current price action. Order books are starting to show increasing demand, but the fight between supply and demand is still strong. The larger picture shows the daily Stoch RSI has nearly bottomed out but the weekly Stoch RSI recently topped out while weekly RSI hit resistance. However, Stoch RSI can remain topped or bottomed out for multiple periods. Although price remains above the daily pivot, it is currently below the 21 EMA, but there is still another 9+ hours left in the candle, so we could see price closing above it. As long as the C Fork (Chuvashov Fork) holds up on the daily, price should bounce and continue higher. If it falls through the Fork support then we will likely see RSI falling below support as well, indicating further depreciation. Currently, I am watching for H4 RSI to push through resistance as an indication that price has begun an uptrend on that TF. When it does, we should see price pushing through the descending wedge resistance and targeting $4100+. If price continues falling through the H4 demand, then demand around $3600 needs to hold or else we should expect a retest of the corrective low. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSD
by Chris_Inks