$CRV with More Curves $crv finally looks to be ready. as mentioned last time, I believe $crv will have an explosive breakout. levels in the right are fib levels, and tp levels are marked with green (and yellow if you have weak hands). other fib lines (purple) can be used as stop losses in profit. info lines in the center are experimental, and show the possible heights $crv can reach on this third parabolic step breakout run (calculated using the first two parabolic steps). bar pattern is $fil which also saw tons of accumulation before breakout. scaled to size to show possible market movement and fit too perfectly with my fib levels and curves not to add lol. having fun with this one but confident with this prediction.
good luck all! lmk what you think
Parabolic
ETH is coming for the crownSo, as you can see, since ~20th of Feb, we've entered and, for the most part, stayed within the Pitchfork channels the entire time. Only exceptions being a few of our four hr candle wicks busting thru the support beams at the bottom, but they always closed above.
Now, we are at the top resistance line of the last channel. Separately, there is a new channel that we have broken into (pink and green trendlines) more recently, when we started hitting ATHs daily, and sometimes multiple times per day, with ETH. Following up the chart, you'll see the cyan and pink horizontal support and resistance levels we are currently using, and finally, circled in yellow: where I believe ETH is going to be forced to make a big move. Indicators show, to my knowledge - which is dubious at best 🤤 ***this is not financial advice*** - that we are going up. However, both ETH and BTC it seems are due for a correction, so, possibly this is it coming up soon.
Regardless of which way the candles go, always have stops and takes set. Or else you'll get rekt. And then, what was the fucking point?? Good luck! (Check chart on daily as well for more confirmation with these indicators)
Bitcoin Alternative Setup - Short-Lived Bullish ParabolaYes, this is also possible. I am piggish at my core even if I've been leaning bear (due to the ridiculousness of this market/economy).
Should this setup manifest, it will be because a new ATH is reached this week.
Prepare for a very weird move higher following the ATH. It will look like an actual moonshot to 100k after failing to break down to the line of death, but I believe this will be yet another double fakeout around 67k.
That's right - it will look similar to the first whipsaw that occurred a few weeks back. See my first post about the DUAL BARR setup attached below for details. Ultimately, this would turn into a QUAD BARR Top and then a certain crash.
Both Ethereum, and the Dow Jones, are hinting at this type of crazy-stupid move higher as well, so might even say this is the more likely scenario than my post earlier today.
Who the hell knows, ya know?
-Para-Pig
BITBAY:BTCUSD
BITBAY:BTCUSDT
CAPITALCOM:CIX
CRYPTOCAP:TOTAL
CRYPTOCAP:ETH
TVC:DJI
EPS/USDT Update: Bullish Head and Shoulder. 800% recoveryEllipsis still has a hard time recovering after this huge pullback starting with its Binance listing.
We give it another shot looking at the bullish Head and Shoulders.
There is a small breakout below the 0.6 Fib which could be considered as a beartrap if we move higher.
Our target still is 16$.
It's a matter of time, so be patient.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS/USDT Update: New support at 0.5 Fib level --> goes upwardsEllipsis started its recovery and was now pulled back from the midday overall pullback.
Currently we found support at the 0.5 Fib level.
If we can hold this level it suggests more upside movement.
We still aim for 16$ so let's see and hodl.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
STRAX/BTC Update: Entry picked, H&S plays out, 50x incomingWe did get our entry shown by the box.
The Head and Shoulders pattern plays out as well and we are likely to see upwards movement.
STRAX did hold very well during this midday pullback which is another bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
The Anatomy of a Parabolic TrendIn this educational idea I will explain the characteristics of a Curved Parabolic Trend using the chart of BNB:USDT (Binance Coin: US Dollar Token).
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What is a parabolic curve in a uptrend?
The parabolic curve chart pattern is one of the strongest uptrend patterns a financial asset can have. This type of pattern moves upwards at the fastest and furthest rate of any chart pattern. Each retracement or consolidation is quickly bought up by eager investors as more and more money flows into the market due to excitement.
The parabolic curve is named after the parabola, because the ascending curving trend line used to identify the potential support area looks like a parabola:
en.wikipedia.org
In a Bullish Market Parabolic Trends can often form the smaller timeframe trends making up larger timeframe swings. This pattern creates short term price range bases which are Reaccumulation Phases as described below. These accumulation ranges can form multiple times as it the price keeps going higher.
The price action pattern that creates the parabolic curve looks like a staircase. This pattern can last for weeks or months. The maximum point of financial risk comes in at the end of the formation after the final movement is negated and the price fails to hold the obvious Curved Structure. This usually ends in a price plunge that falls even faster than the price rose initially.
These patterns generally occur on financial assets that are market leaders or up and coming and emerging technologies or products in its sector. One important thing to note when identifying a Parabolic Trend is that the price may go much further then people anticipate leading to sellers rebuying their asset they sold initially due to "FOMO" Fear Of Missing Out, leading to the price to "Stair Step" higher and higher as more and more sellers are squeezed out of the Market, until eventually they regain control and the trend is lost.
The key in trading a parabolic trend is to treat it like a investment, identifying the trend and buying early, capturing as much of the move to the upside as possible until the trend is finally over.
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If you found the idea insightful you can show you support by liking & commenting, Thank you!
See idea linked below: "Market Cycles & Phases" to understand the topic of trend further.
$NANO about to breakout 52 week high$NANO about to breakout 52 week high. PSAR Dot about to switch below the candles plus seeing a cup and handle from the 1 hour time frame. Good low volume as of this moment, and a little above average demand would easily make this go up.
XRP Looking For That .702 BreakoutBy now we can say that btc has finished with its correction and so is the rest of the market. For XRP i actually believed that we are gonna retest 3 year old support sitting at $0.75 but that did not happen.
Now that we are almost out of the woods, we are starting to ask ourselves where is that price level that if we break above it we could go parabolic. For that it is good to look at the near past what has happened this year that could give us some clues.
If you extend the fib. retracement tool from "pump and dump" and that low, we can clearly see that once we broke above the 0.702 level (green dot) we went essentially parabolic with almost full extension to $2. If we do the same for this recent correction we see that we are very close to that level. It is hard to say in a short term what the prices could do from here. It could consolidate back to $1 area and then back up aggressive or we could just break above and go for a full extension in a couple of days /weeks. Just poking above that level doesn't confirm anything, as we have to have a clear break above to get a stronger argument of a parabolic rise.
I am not a financial advisor so nothing here should be taken as a financial advise. Wish you all successful investment.
BITSTAMP:XRPUSD
NEO/USDT Update: Fibonacci levels turn into spportNEO had a lovely 5x move before we now have seen a bigger pullback.
Drawing the Fibonacci retracement levels we even see that the 0.618 level did act as support twice already.
NEO also used the 0.5 level as new support to follow currently the violet upwards trendline.
If we get some more volume we expect to see further upwards movement.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
AUTO/USDT Update: Reversal and 700% Recovery has startedAUTO mimics the movement of Ellipsis (EPS).
We broke out of the downwards parallel channel and got a very nice volume increase.
Currently we look for new support where we had our last resistance.
If this gets validated we can expect more upside momentum.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
HNT Before The Herd GrazesBoth fundamentally and technically, this project is about to jump straight from high school to the majors. If you are not yet familiar with what Helium is all about, I am not going to put myself in a position to spread false information #DYOR. Moral of the story, the chart is #bullish in my opinion, and if people now are making $100+ per day using the miners they cannot seem to make enough of just yet, this is merely the beginning. Did I forget to mention these miners use an incredibly small fraction of the energy traditional miners do, and that HNT has an upcoming halving; but the mining rewards will NOT be cut in half. Grab yourself a Helium miner if you get the chance. Not financial advice.
The 200d price target is incredibly conservative on my part as I see this coin as nothing other than a triple digit coin, I expect a move very similar to #Filecoin when people just did the research. Good luck out there!
Ethereum (ETH) - Parabolic Trend LineThe 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 trend line is made.