LINK.BTC (Y20.P3.E4).Rare Gems and the Parbolic Curve Pattern
Updated
Hi All,
**** This is a continuation of the previous post > LINK-BTC-Y20-P3-E3-TA-on-the-Macro-structure, link below ****
As I am still a junior in this field, I have however learnt something new this week and today to confirm something that just dawned on me, the Parabolic curve pattern.
FYI. I was trying to work out when to sell. Help me if you can?
I don't know much about it besides what I have seen recently on google to know this is it and that it is likely to have 4 base levels.
The issue I have is working out the target.
Some time back (post below) I got the Editor's Picks of the week (and will feature on the page tradingview.com/ideas/editors-picks/). 1st time.
What I didn't know was actually doing a good job at getting the target right (I think, maybe more).
If I had know about this pattern I would have traded it much more successful.
I'm sharing this for others to benefit and to share the thrill of getting things right.
Now if any of you know where I can find out more details about this topic, I would much appreciate it.
For now, I saw a video that stated that the selling point is equal to the Base of (3) x 2.16
If this is correct, then we have 2.16 x 0.00016004 = 0.00034568
and that the Base of (3) x 0.79 with give the base of (4) = 0.0002865
Cheers,
S.Sari
PREVIOUS POST that came to work out OK.
**** This is a continuation of the previous post > LINK-BTC-Y20-P3-E3-TA-on-the-Macro-structure, link below ****
As I am still a junior in this field, I have however learnt something new this week and today to confirm something that just dawned on me, the Parabolic curve pattern.
FYI. I was trying to work out when to sell. Help me if you can?
I don't know much about it besides what I have seen recently on google to know this is it and that it is likely to have 4 base levels.
The issue I have is working out the target.
Some time back (post below) I got the Editor's Picks of the week (and will feature on the page tradingview.com/ideas/editors-picks/). 1st time.
What I didn't know was actually doing a good job at getting the target right (I think, maybe more).
If I had know about this pattern I would have traded it much more successful.
I'm sharing this for others to benefit and to share the thrill of getting things right.
Now if any of you know where I can find out more details about this topic, I would much appreciate it.
For now, I saw a video that stated that the selling point is equal to the Base of (3) x 2.16
If this is correct, then we have 2.16 x 0.00016004 = 0.00034568
and that the Base of (3) x 0.79 with give the base of (4) = 0.0002865
Cheers,
S.Sari
PREVIOUS POST that came to work out OK.
Note
Recently I noticed this as well.Note
Based on some method I picked up. Here is my guess to the target levels as its a parabolic curve and hence over extension is expected.Note
Looking at SOLBTC...very similarNote
Note
this is as perfect as I can make this chartNote
I have updated this chart to know how parabolic curves behave. To be studied later.s3.tradingview.com/snapshots/c/C78soNCu.png
s3.tradingview.com/snapshots/l/LMwTUhpC.png
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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