We've been through this rodeo with Bitcoin many times. On a downtrend for the by two months and a nice 42% dump from new all time highs gear up November 11th. Oversold on the daily timeframes on the Stochastic RSI, RSI, and MACD showing signs of confluence. We could bet getting shut to bottom soon and another parabola on Bitcoin has formed. Nosotros're still in a...
A continuation pattern of parabolas can be fatigued Leading to continual diminishing volatility The outset run was obvious the most bullish The 2nd (electric current) parabola will presently collapse into the next 1, which I believe will reach an angle of 17° at peak This is different to my other altcoin marketplace analyses, it does seem more logical than the other, more than bullish...
A comparing between Bank of America and BTC Both experience similar price action (BTC is log, BAC is normal chart) Yet you can run into on both the action at the pinnacle of the bull move A peak is attained and then speedily rejected from
The Conduct-inator or Bear market bend is a new theory i've been building upon while waiting for BTC to moon ! The general footing of this bend is the identification of similarities in each bull run and the potential indication that it points likewise . I spent a while educating myself on the previous runs and noticed big wicked gaps creating a gapped like arroyo to...
Trade TYPE: Unproblematic merchandise using the concept of parabolic corrections and zigzags. TIMELINE: 1-10 days. Look for double bottom at the cease of zigzag to confirm end of correction and reversal to the long side.
I am watching for something like this in side by side 4 months. I think at present nosotros are at stage i and we will consolidate a little bit here before next motion to the upside. Probably this phase i lesser could be around $43k in my opinion and next move could exist effectually end of september or begining of octomber.
"The iv nigh dangerous words in investing are; This time it's different" - Sir John Templeton
Long term I am bullish on crypto but information technology looks like nosotros take a bearish parabola. From here I think that we have two options. We will either dump more until we find back up. I think one of the first spots is the long term trend line which is around $1800. Only if we interruption out of this parabola, parabolas usually retrace 50% or even up to 78%. And then 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 effort to ignore the encroaching waters of reality. Reality: Major corrections happen. Always have, always volition. Reality: Long-elapsing TAs trump short-duration TAs ... and the nautical chart above is the longest Bitcoin Technical...
Perhaps 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 large popular today. Might attract the momentum oversupply sooner than later.
BTC is within parabola. Possible scenario for this cycle'due south top price.
Hello! In a higher place I have mapped out some targets based on multiple fib extension/retracements, previous trends, Gann fans and back up/resistance lines. Anybody approaches charts differently, this is a crude estimation based on facts I gathered from the trend thus far on a technical basis. I believe AAVE BTC will exist in loftier demand, therefore information technology will be completing a...
Hullo traders, was just checking out charts of NEO and noticed it looks like it could exist forming a handle to a cup on the daily nautical chart. Subsequently the handle is formed nosotros would be looking for a giant up ⏫ to form a huge parabola. Very exciting😅😄, I guess we will run across!! Let me know what you lot think in the comments. Trade at your own adventure ~Jazerbay 💕
I have been shouting from the street corners "Doom, Dooom, Doooooom" for the past 2 weeks, and some, or many of you are probably thinking "Well if yous scream correction everyday, eventually you're going to be correct." The issue is that I have been correct nigh corrections occurring, but woefully wrong equally to their bodily targets. It took several days, and...
Information technology looks like the sideways trading of BTC is persisting through the weekend despite the notorious bullish tendencies of weekend trading! What does this mean? Well with BTC not reattempting the 60k range, and trading in the middle of the channel, while heading towards the bottom of the channel we tin await a Sunday or Monday test of the lesser channel. I would say...
This is a visualization of what LINK could cease upwards pricing by the finish of this bull bicycle. LINK'due south price construction on a log scale is still on the parabolic runway and it looks similar nosotros're about to touch the trendline so rocket college by end of March / mid-April
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