#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...
is now.. Doge on 30m timeframe is making the same patterns ETH did when ETH was around 200 dollars.. #NFA It's just a vibe I have.. Wish you all luck! First target is 10 cents, then 13 dollars.
This chart shows 1) a potentially opposing perspective to the linked Dow Jones great depression 2.0 idea and 2) that whilst inflation took a lifetime to cause -90% damage for the boomers it now takes only about a generation for the zoomers to suffer the same damage a century later
BLX 3M. ^10 charts only over here. A bottom here near $6.8K fits beautifully. Bullish fibonacci levels. We could very well be living through the most important time in bitcoin history. 1:1 is pretty high up there. Whoa. Could be. .. Just an idea.r
LINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA. We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support. The parabola for LINK/BTC is still intact and it's very close to it. This all points to a reversal in the near future and looks like a great...
We've been through this rodeo with Bitcoin many times. On a downtrend for the past 2 months and a nice 42% dump from new all time highs set November 11th. Oversold on the daily timeframes on the Stochastic RSI, RSI, and MACD showing signs of confluence. We could bet getting close to bottom soon and another parabola on Bitcoin has formed. We're still in a...
A continuation pattern of parabolas can be drawn Leading to continual diminishing volatility The first run was obvious the most bullish The second (current) parabola will soon collapse into the next one, which I believe will reach an angle of 17° at peak This is different to my other altcoin market analyses, it does seem more logical than the other, more bullish...
A comparison between Bank of America and BTC Both experience similar price action (BTC is log, BAC is normal chart) Yet you can see on both the action at the top of the bull move A peak is attained and then quickly rejected from
The Bear-inator or Bear market curve is a new theory i've been building upon while waiting for BTC to moon ! The general basis of this curve is the identification of similarities in each bull run and the potential indication that it points too . I spent a while educating myself on the previous runs and noticed big wicked gaps creating a gapped like approach to...
TRADE TYPE: Simple trade using the concept of parabolic corrections and zigzags. TIMELINE: 1-10 days. Look for double bottom at the end of zigzag to confirm end of correction and reversal to the long side.
I am watching for something like this in next 4 months. I think now we are at stage 1 and we will consolidate a little bit here before next move to the upside. Probably this stage 1 bottom could be around $43k in my opinion and next move could be around end of september or begining of octomber.
"The four most dangerous words in investing are; This time it's different" - Sir John Templeton
Long term I am bullish on crypto but it looks like we have a bearish parabola. From here I think that we have two options. We will either dump more until we find support. I think one of the first spots is the long term trend line which is around $1800. But if we break out of this parabola, parabolas usually retrace 50% or even up to 78%. So the fib levels are the...
“To the moon!” shouts abound and hopeful rebound charts are everywhere. And as with all previous Bitcoin corrections, optimistic flames attempt to ignore the encroaching waters of reality. Reality: Major corrections happen. Always have, always will. Reality: Long-duration TAs trump short-duration TAs ... and the chart above is the longest Bitcoin Technical...
Maybe the chart to watch for market health
Even without drawing curves, linear regression channels are showing $CRV create a parabola on a larger timeframe. pretty cool. fib retracement showing key levels $22 long term target
$ONT had a big pop today. Might attract the momentum crowd sooner than later.
Hello! Above I have mapped out some targets based on multiple fib extension/retracements, previous trends, Gann fans and support/resistance lines. Everyone approaches charts differently, this is a rough estimation based on facts I gathered from the trend thus far on a technical basis. I believe AAVE BTC will be in high demand, therefore it will be completing a...