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Exponential

Over-exponential growth and corrective phaseAnyone remember the btc rally 2013? Interestingly, this rally resembles a lot the behavior of btc from back in 2013. The runup back then was basically from 10 to 266. This is pretty comparable to this years low at 800, to maybe 20K. However, the timescales are now much larger than back then, because more people are involved now, so you can imagine it like a osciallting system where the mass increases. The mass are the people. More people means more mass, means more inertia. So the oscillations slow down. Bitcoin is like a behemoth now compared to 2013, so that what took back then only two months (the rally february to april 2013), takes now a whole year. But the principle is really exactly the same. And now that the log-resistance of the previous tops has been broken, we enter over-exponential growth territory. This means that the timeframes for a doubling of the price get shorter and shorter. The next doubling, to approximately 20K will take place from now until early january/late december. I know it sounds crazy, but remember that a few weeks ago we were at 5600, now it is 9300 at the time of writing and climbing ever faster. Do yourself a favor and do not try to short into this crazy uptrend, hoping that you will catch the perfect moment :) Shorters will get brutally burned. Like with bitcoin cash when people started shorting at 1000, and then it went to 2700 XD Never under-estimate over-exponential growth.
BITSTAMP:BTCUSDLong
by SebastianofMoon
6
BTC starting to near over-exponential growth phase : buckle up !Now the real insane phase of this current growth cycle is starting. I do not like the term bubble, since btc is not a bubble. It is a network, and a network can be priced. According to metcalfes law, we are actually not very overpriced. The value of a network is derived from the number of users and how often it is used. Bitcoin has a current metcalfe price of around 6000$. So not too bubbly. What bitcoin likes to do, is be borin 90% of the time, and then experience insane growth spurts for a short amount of time. We are experiencing now one of these growth spurts on the long way to mass adoption. The way there is described by a log-S curve. You can for example see the log-S beautifully with the number of internet users from 1995 to now. Or with the number of smartphones. All log-S curves. BTC is a network, a technology. And that's what many chartists don't get, and then they are astounded by these prices and talk about a bubble. Yes, there will be a sharp correction after this growth spurt. For example from 20K to 8K. But then afterwards the next cycle starts. And so on and so forth until around the year 2025-2030 btc has become mainstream and a price has been reached that will not rise much more afterwards. Yes, it will fluctuate, but the volatility will be so much lower than nowadays. A 1% gain in that era will be a major rally, lol ! Looking at the chart, we see that now we are entering the overbought area in the weekly Stoch RSI. This is when the last phase starts, with insane price growth, over-exponential price growth. This "acceleration point" can be beatifully seen in the prvevious growth phases of 2013. After that point, we start seeing very big weekly candles. We now had the first larger weekly candle, and therefore I think that the last phase is starting now, which might last a few weeks: 2-5 weeks. Fun times ahead. Enjoy the coming weeks and see you on the moon :)
BITSTAMP:BTCUSDLong
by SebastianofMoon
16
Counterparty [XCP] - The exponential late bloomerGood evening dear followers, Tonight I provide you my favourite investment for the coming week(s), namely; Counterparty . With the growth of the whole altcoin scene it is inevitable to predict growth in specific altcoins, though I still try to stay rational and seek for undervalued beauties. In this case we stumble upon Counterparty. As to be seen in the chart, the longterm wedge is being broken (purposely drawing the line through unnecessary wicks/daily (shakeout) closes due to irrational market behaviour. XCP has not gotten off the ground yet, and is mainly awaiting to be fuelled by positive news that is occurring at the 22nd of May. On this day, Counterparty will execute a hardfork which will add several features including a massive transaction cost reduction throughout the chain. On a further note, SEGWIT seems to being added in the near future. Bear in mind that these two fundamental news, will form te foundation of Counterparties' extreme incoming hype, which will result in massive volume increase as well as a surge in prices. First target is the first fib target, from there retrace before the next legs up will occur. I hope to have informed you properly enough, may you have any questions feel free to drop them in the box below. Trade cautiously and may the profits be with you. Kind regards, Gabriel Molenkamp Appendix counterparty.io
XLong
by GABSBY
6
XBIT - Remember our exponential ride in the fork?If you where not on the ride with us, check out the chart and trade here: Here we are, back in the reality where markets don't grow to the moon...or do they? Below the blue centerline, there is some more to pick up (...thinks the guy who want to buy big). Therefore, price will probably go south some more points, before it finds support neart the white/blue up sloping Median Lines. Let's prepare for the observation, keeping this guy in mind. If I don't see it, please give me a heads-up...or just kick me where the sun don't shine §8-) P!
NASDAQ:XBIT
by Tr8dingN3rd
Ethereum vs DASH comparison - Mindblowing fractal?Looking at this comparison, the chance is- based on the wonderful fractal comparison that Ethereum may breakout into new all time highs. As Ethereum currently is bouncing on its previous ATH dating back @ both March and May '16. If it is able to hold these levels, exponential growth seems plausible. remember however, that MM's are relentless and since ETH is extremely liquid, it might need some more time before taking off (also being reliable on the current BTCC & BTCU fork situation). This however does not mean that this beautiful chart isn't one to watch closely. WAITING FOR THE BREAK! :) Trade cautiously & Kind regards, Gabriel Molenkamp
by GABSBY
1
USDJPY on flat wedge, and crossing of 200 and 50 EMA on 4hr TFUSDJPY's 200 and 50EMA lines have crossed on the 4 hour timeframe indicating confirming that there is a downtrend. In addition to this, if we go down to the 1 hour timeframe we can see that over the past 12 hours, the price movement is forming a flat bottom wedge (similar to the wedge that formed before the FED rate hike and price fell). The flat bottom wedge acts as double confirmation that price is going to be bullish, giving a good opportunity to short USDJPY.
Short
by priesh
US Oil Short From Bullish Flag; High Risk:Reward RatioUSO has broken it's uptrend a few weeks back, and since has been heading violently lower with no signs of stopping, at least not yet. Not in my eyes. I had a plethora of converging indications, so I've marked them in the chart A - F, and then explained my trade setup. Good luck. A) RSI has broken above the 35 level, but this is likely because it bounced a bit from being oversold. It remains below 50 which is a bearish indication and still has resistance at the 40 level. B) The cream of the crop. B marks the head of a head and shoulders pattern in USO. You can see when the neckline was broken here, while simultaneously breaking a series of important EMAs, USO began it's slide. We would expect some sort of throw back to this neckline. This will be important in our trade setup later. C) Here is our bearish flag and Andrew's Pitchfork. You can see the slight countertrend movement off the lower bollinger band, and what now looks to be a hanging man. This entire move up is hitting resistance in the pitch fork, as well as the flag formation, and has formed entirely on declining volume. That's not a positive sign for continued upward momentum. D) PSZ (Prior Support Zone) from way back when. I'm expecting a move down into this zone where it will coincide with support at the lower BB or lower median pitchfork line. We may get a bounce down here, or more consolidation. E) Volume Decline Throughout Bear Flag F) Declining & Still Negative MACD The one thing I didn't like here was the RSI, and that the weekly chart shows that we may need a throwback before extended downward momentum. This is where that neckline comes into play. We may very well see a throwback to the 66 area before we are awarded with any serious downside momentum. However the weekly RSI is also in a downtrend, reinforcing our bearish outlook. I'm short a directional diagonal on this play, to take advantage of Theta decay, and let oil slowly drift lower in my favor until we reach that prior support and I debate what the next play will be. More downside, or a retracement? Maybe a renewed uptrend? Who knows?
AMEX:USOShort
by TheProfitcy