Parabolic
Insane volatility imminent conspiracyI've seen one other TA notice this parabolic base forming (pink area) which I believe we'll be exiting over the next few years. Maybe it will happen this bull cycle. However, I think it's also possible that this bull cycle will be somewhat lackluster, not exceeding $150k, before correcting down to the 80's with wild volatility. I think this will shake out A LOT of investors and now that we have the likes of Black Rock et al in the mix, it's my theory that they don't want us in at the bottoms they want us in as their exit liquidity. When BTC does exit this formation and is supported above it very briefly, we're going to see the proverbial 'god' candle with absolute vertical movement. This will likely be nation states and corporations finally having the eureka moment. And it will occur during the 'usual' bear market.
As the title states, this is a conspiracy but it seems like a very plausible scenario. Of course there's fundamental theory laced in with TA which I shouldn't do here but we're living in wild times. Am I stupid? Let me know!
Understanding Parabolic SAR: A Guide to Trend ReversalsThe Parabolic SAR (Stop and Reverse) is a popular technical analysis tool that helps traders identify trend direction and potential reversal points. Developed by J. Welles Wilder, the Parabolic SAR is particularly useful in trending markets and provides straightforward buy and sell signals.
What is Parabolic SAR?
The Parabolic SAR is a series of dots plotted above or below the price on a chart:
- Dots Below the Price: Indicate an uptrend.
- Dots Above the Price: Indicate a downtrend.
The "SAR" stands for "Stop and Reverse," reflecting the tool's ability to signal when a trend might reverse direction.
How Parabolic SAR Works
The Parabolic SAR formula calculates the position of the dots based on:
- EP (Extreme Point): The highest high or lowest low in the current trend.
- AF (Acceleration Factor): A multiplier that increases over time to speed up the SAR's responsiveness.
As the trend progresses, the dots move closer to the price, acting as a trailing stop level. When the price crosses the dots, a reversal signal is generated.
Key Features of Parabolic SAR
1. Trend Direction:
- Dots below the price indicate a bullish trend.
- Dots above the price indicate a bearish trend.
2. Reversal Signals:
- When the price crosses above or below the SAR dots, it suggests a potential reversal.
3. Trailing Stop:
- The SAR level can be used as a trailing stop to protect profits in a trending market.
How to Use Parabolic SAR in Trading
1. Identifying Trends:
- Use the position of the SAR dots to confirm whether the market is in an uptrend or downtrend.
2. Spotting Reversals:
- A change in the position of the SAR dots (from below to above or vice versa) indicates a potential trend reversal.
3. Setting Stop-Loss Orders:
- Place stop-loss orders at the SAR level to minimize risk.
4. Combine with Other Indicators:
- Pair the Parabolic SAR with moving averages, RSI, or MACD to validate signals and reduce the likelihood of false reversals.
Strengths of Parabolic SAR
- Simplicity: Easy to interpret and apply.
- Clear Signals: Provides unambiguous buy and sell signals.
- Effective in Trending Markets: Works well in markets with sustained uptrends or downtrends.
Limitations of Parabolic SAR
- Ineffectiveness in Sideways Markets: Generates false signals in choppy or range-bound conditions.
- Fixed Parameters: The default settings (e.g., AF starts at 0.02 and increments by 0.02) may not suit all market conditions. Adjusting these parameters can improve accuracy.
Best Practices for Using Parabolic SAR
1. Avoid Flat Markets:
- Use Parabolic SAR only in trending markets to minimize false signals.
2. Adjust Parameters:
- Experiment with the acceleration factor to tailor the indicator to the specific asset or timeframe.
3. Combine with Other Tools:
- Use additional indicators or chart patterns to confirm Parabolic SAR signals.
Example of Parabolic SAR in Action
Imagine Bitcoin (BTC) is trading at $94,000 in an uptrend. The Parabolic SAR dots appear below the price, confirming the bullish trend. As BTC rises to $98,000, the dots gradually move closer to the price. If the price falls and crosses the SAR dots, the dots shift above the price, signaling a potential downtrend and a sell opportunity.
Conclusion
The Parabolic SAR is a powerful yet straightforward tool for identifying trends and potential reversals. While it excels in trending markets, traders should be cautious in sideways markets where it may produce false signals. Combine it with other indicators and sound risk management practices to enhance its effectiveness. Regular practice and adjustments to the settings can help traders maximize its potential.
Bitcoin[BTC] - Do you see a similarity ?#BTC/USD #Analysis
Description
---------------------------------------------------------------
+ Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023
+ In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January.
+ The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel.
+ I'm expecting price to decline further upto 85k zone and bounce back from there.
+ A bounce back from this zone will push the bitcoin price parabolic.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
DOGE parabolicHello,
I would like to draw your attention to the Blue forecast. This is a long range favorite for what DOGE does in these excited runs. Can you imagine a $69 Doge by mid February? Wowser!
There must be an unlimited money supply out there…. Ah yes… flowing in to the crypto sphere from black rock ETF through BTC and ETH. Bu those insane prices already anticipated this ETF… buy the rumor, sell the news.
And after everyone dumps BTC… what are they gonna do with it? The DOGE tribe is growing… and bound by LOVE.
Love is the future… fear and greed the past.
TradeCityPro | HNTUSDT Don’t Miss the New Move!👋 Welcome to TradeCityPro Channel!
Let’s get ready for the upcoming week! We’ll either see a strong movement or some consolidation, so let’s prepare our triggers in advance and analyze all scenarios before the market moves.
🌍 Bitcoin Overview
As always, let’s start by checking Bitcoin to complement our altcoin analysis. Today, BTC broke its 102,135 trigger but faces a significant resistance at 103,504. With increased volume, a breakout above this level could finally help BTC clear the critical $100K barrier.
For the upcoming week, if Bitcoin’s dominance rises and BTC follows suit, prioritize Bitcoin trades or coins that perform well against BTC. If BTC dominance drops, focus on altcoins. However, the first bullish move will likely coincide with rising BTC dominance.
⏰ Weekly Time Frame
Helium (HNT) shows relatively strong performance compared to other altcoins and is a good candidate to add to your portfolio this week!
HNT started its upward movement before the current bull run, maintaining a positive trend since 2023. This year, it recorded a higher low compared to 2023 and is now approaching its main resistance, attempting to break through.
The coin follows a parabolic trajectory, which is inherently bullish. Each time it hits the lower boundary of this parabola, it rebounds strongly, and this trend could continue.
This week’s candle closing above the SMA7 signals buyer strength despite seller presence. Buyers have emerged victorious with significant volume. After this candle closes, you can consider a spot buy with a risky stop loss below the shadow or a safer stop loss at 5.437. If RSI enters the overbought zone, expect a sharp upward move.
📅 Daily Time Frame
On the daily chart, HNT has outperformed other altcoins during its recovery and is currently testing a daily resistance level. A breakout here could trigger a sharp upward move.
Volume analysis shows reduced activity during the correction phase and increased volume during upward movements, confirming buyer strength in the market.
After breaking the trendline and finding support at 5.524, the coin moved upward. A potential buy entry lies at the breakout of 9.244. Follow this closely for spot or futures long positions, especially if RSI enters the overbought zone, which would provide excellent confirmation.
🔍 4-Hour Timeframe Analysis
HNT is currently facing a critical resistance at 9.393. Buyers have been active, attempting to break this level, which could lead to further bullish continuation after a successful breakout.
Before discussing triggers, let’s briefly cover the Fake Breakout strategy. This occurs when a support or resistance is initially broken but quickly reversed in the next candle, potentially signaling a trend change. Identifying this on lower timeframes can guide you to a solid entry after the first breakout.
📈 Long Position Trigger
breakout above 9.393 is a great trigger. Personally, I’ll be looking for a long entry above this level and will continue to hunt for long triggers as long as HNT stays above 8.004.
📉 Short Position Trigger
I’m not considering any short positions for now. If the market enters a bearish phase, I’ll look for lower long triggers instead.
💡 BTC Pair Insight
Against Bitcoin, HNT is in a ranging box with less volatility compared to BTC and hasn’t experienced severe drops like other altcoins. Its absence from Binance and limited volume data make it less prominent, but these factors have helped it avoid extreme sell-offs.
HNT has risen from a higher low within its range. With Bitcoin dominance closing green on the weekly chart, HNT’s weekly candle also closing green is a positive sign. After breaking the box’s upper boundary, I’ll consider holding it longer.
Textbook Ascending Triangle on the 1 hour!🚀 GME Market Update 🚀
We are excited to announce that GME has now formed a textbook Ascending Triangle on the 1-hour timeframe. We are officially locked and loaded. From the 15-minute chart up to the weekly chart, this setup is exceptionally rare. The anticipated breakout across all timeframes promises to be something remarkable.
Here's a detailed breakdown:
15-minute chart: Ascending Triangle
1-hour chart: Ascending Triangle
4-hour chart: Bull Pennant
Daily chart: Cup & Handle
Weekly chart: Golden Cross
Such a comprehensive alignment of bullish patterns is extraordinary. Prepare for a significant movement in GME.
BabayDoge VS Floki | ALTCOINS | WHICH can MOON ?Comparing B abydoge to Floki in this analysis.
Both are memecoins , and both have digits for days.
However, the one is evidently a pump-and-dump coin that showed no growth so far, whilst the other looks a little more promising ( for a memecoin at least ).
I'd still prefer DOGE and SHIB, but there are interesting trading opportunities in these two alts. First after a retracement, BabyDoge is likely to be the next one to make large increases since Floki is already trading close to its previous ATH.
More on DOGE VS SHIB here :
____________________
MEXC:BABYDOGEUSDT BINANCE:FLOKIUSDT
BTC/MOON/WHEN/NOW? - BTC to 73% market Dominance?
I am no astronomer but I think I might see the moon! This breakout is significant. Look at the channel inside the major channel, the one we just broke out of a week or so ago. Now imagine in perspective a similar run as we break out of that much larger channel.
Technically this is not confirmed, confirmation would be after we pull back some and prove that old resistance as support now but this breakthrough is still quite significant.
Order books still arent growing much but that probably just means traders dont seem to be day trading much more, so likely this growth is from a large buy and hold movement. I do suspect more traders will be fattening up the order books soon though, its a day trader friendly environment ATM.
Looking at the BTC Dominance chart, which is also a thing, anything that can be charted really has patterns that can be observed, so anything that can be put into numbers can be charted and patterns can be found. BTC Dominance is how much of all the market capitalization of all the crypto belongs to BTC, what % of market dominance is from BTC valuation. And well we broke out a while back, it was already an indicator of a jump in dominance to come but many times BTC gains dominance when the market crashes as well so BTC dominance rising is not always a good thing. What happens is that BTC drops 5% and Alts (mostly contributed to by ETH's marketcap) drop 10-20%, that is pretty frequent, well that increases BTC Dominance. Of course the other way, BTC runs but runs harder than alts, and that doesn't have to be the same % because BTC already has such a massive market cap if it moves 1% it will already add more market capitalization than the entire market cap of many Cryptos.
Here you can see that BTC Dominance break out, it seems to have staged a run. This chart insinuates that we could see BTC claim 73% dominance before resisting.
In general I am likely pretty bullish on Crypto for the foreseeable future.
I do recognize that BTC and the USD are on a collision course. If there is a large outflow of USD to crypto, the US could implement capitol controls as most countries do in that situation. It could be a long time but the more viral BTC runs, the more imminent and fast approaching a conflict with the USD and BTC will be. On top of potential outflows of USD to crypto triggering monetary capital controls, this would hugely degrade the United States ability to control the globe with global audits, sanctions and monetary control if the USD starts losing to BTC globally. In both cases BTC would be seen as a threat to Americas security and our govt could act against it, or if the USA does not take action against it somehow, it could finally rid the world of the tight grip America has on it. I really don't know how long for either of those scenarios to play out, only I am confident these are tangible conflicts of interest that will face the US and Crypto some time in the future.
In the meantime, there is a lot of opportunity to take advantage of. If you are trading make sure you always DYOR and build a tool belt of knowledge, only day trade with what you can afford to lose, dont play with margins unless you are really comfortable with losing everything you are trading with. Ideally, use a stop loss and capture gains with a trailing stop loss if possible, especially if you are doing a momentum trade, getting on the wrong side of an asset that just ran 50% and now pulling back can wreck your funds fast. As always, be vigilant and dominate.
BTC arriving at BIG resistance, early! but....I am bearish BUT, with bullish optimism and a possibility of big a big bull, based on current market momentum. This is actually a great place and likely place for it to pull back based on its prior pattern, but this momentum could prove otherwise. I am marking this neutral and no one wants to review neutral reviews they want to see bull or bear. The thing is we are at a pivotal point that will make the case for either a prolonged bull or bear market. I am not sure if we will break out or break down but I have painted the picture of how we are at that point right now. I will post again bull or bear once it seems to have committed to one or the other but otherwise just keep your eye on the trend lines.
-------------------------------------------------------------------------
Here we are around $1000 less of $82.5k and we got here early. We are likely to have resistance here but breaking this line would be really significant and likely signal a parabolic crypto market to come, massive. The odds would put it at pulling back here as it has already twice in the past 4 years, and at minimum some resistance where it can consolidate potentially all the way up until late Dec before making a decision. It may still be December, but really the market feels like it might have enough fire to push through it real soon.
-------------------------------------------------------------------------
Order books have actually been fairly range bound all year, we are at the high end but its nothing that screams some large increase in participation of day trading. Per CoinMarketFlow, global order books are around a -10% ratio on a 1d candle average at above 10% depth of market. This is actually ideal as it represents day traders with limit orders that expect the price to rise and less that expect it to fall. This is bullish ATM.
I have been seeing lots of alts breaking resistance and converting it to support, lots of chance for jumps. Right now seems like a day traders paradise with 25%-50% sometimes 100% runs in a single day, from lower liquidity, low circulation coins especially. Right now the fire of the market makes me think we may break the resistance and truly fly to the moon. But the fact that order books have only grown by about 10%-15% or so over the last year, does make me question the durability of the run without more gas for the fire so to speak.
If BTC breaks that 82.5k and proves it as support, it is as bullish as it gets, like hyperbolic potential. On the other hand, if we resist here again, as usual, then it could be a lot of prolonged pullback with a potential absolute low between $30k-$40k probably - based on this chart you are looking at now and considering a pullback like it did the last two times.
So its more of a bearish layup that looks like it has the possibility to convert bullish. I would caution to be vigilant at or near this line and let it choose first before taking any real action.
As usual DYOR but consider this trendline as one of your many things to watch to help you make more informed decisions.
AVAX vs BTC | ALTCOINS | Life Changing IF This Pattern Plays OutFractals have been used for years as possible suggestions to map how money moves in the financial market.
This is what gives them significance; they draw out a sort of map. The hard part about fractals though, is that they often appear cross markets and it is no easy feat to spot similarities on large scale. However, to the seasoned eye, fractal-spotting becomes easier over time.
There is a misconception that fractals can only be used in the same timeframe. This is simply because, as with Bitcoin, there is a large history of candles (data) that plays out in an elaborate pattern. Daily candlestick patterns become lost in weekly patterns, even though the general direction / macro is the same.
In the case for AVAX, a similar pattern has been observed in BTC before the COVID pandemic - and it has been playout out perfectly, so far.
______________________
BINANCE:BTCUSDT
COINBASE:BTCUSD
BINANCE:AVAXUSDT
BTC - Do You Remember This? Now What?Hello TradingView Family / Fellow Traders,
📍Following my last BTC Monthly log view analysis on November 11, 2022 , we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support.
Currently BTC is approaching its all-time high!
What's Next?
📈 If the current all-time high (highlighted in red) is surpassed, we anticipate a 254% increase, mirroring the last bull cycle. This aligns with the upper boundary of the green channel and the 200k - 250k round numbers.
⚠️ However, the journey may encounter bumps, leading to sharp correction movements to shake out weak hands.
This bearish scenario, would mean retesting the lower green trendline before surging!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
$TNSR/USDT.p possible start off a parabolic move?this could be the start off a possible parabolic move also on TNSR/USDT.
between the 0.5 and 0.618 there is a FVG. its possible to suddentle start moving fast since its going really slowly up since last month.
please some feedbak=ck on this one.
cheers!