The price of Ethereum (ETH) is increasing at an exponential rate - parabolic. A curved trading range has formed that can be used to determine the possible boom & busts of the asset.
SHORT/TAKE PROFIT: When in close proximity to the RED trend line.
LONG: after a confirmation bounce from green trend line.
STOP LOSSES: When a significant break of the parabolic...
Well some are aware that a mission called 'Perseverance' successfully delivered probe on Mars. So It looks like Bitcoin is heading there too!
I'm so not green that I stayed out. Who's winning in this? A few big players and lots of small players. Who will be the losers? A whole pile of smaller players. Sorry - I think this is a casino. I'm out of it.
It may not...
Pure greed has driven TESLA to ridiculous heights.
Robinhoods are in this market. Most of them from China.
Parabolic expansions tend to fall - sometimes very quickly.
Stay tuned. Stay safe.
Wash your hands and face! 😂
Eat veg! LOL.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied....
AN idea about where the emerging supports and resistances appear to be in the recent slow down of the parabolic moves that ZAP has made in the past few weeks.
Yep - I missed the parabolic pump and I'm sooo happy!
There could be trouble ahead. Gamblers late in the game go right ahead!
Those gamblers who made their killing could be getting out. You never know.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected....
This post addresses basic cycle theory. Parabolic curves and parabolic trends.
Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme.
Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play...
ZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next.
Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely.
...
Strong support at bottom of range and parabolic breakout potential at top. Based on emergent view of BTC as moving into new phase of trajectory based price discovery indicating Short term BUY at 7730, SELL at 9700. Model invalidated by fall beyond 6620 or failure to make 10000 by November.
Based on recent price action and a clearer parabolic picture, I've revised my estimate upwards from $30,000 in two years to $50,000 in two years. Nothing in this post is a prediction.
Traders should be very very very careful with this instrument. High volatility is...
The bull run today was strong but there are other things happening. I say more in the video.
Do share some thoughts/perspectives. It's good to learn from others. Best wishes.
In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30).
The emphasis here is in the nature of the struggle to avoid correction and the similarities in form .
The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time...
