Parabolic
DigiByte on the move...With 5 consistent higher lowes, DigiByte has developed a new trend line. The new trend line far outpaces the old one and may set DGB into a parabolic motion. With capital flowing out of BTC and into altcoins, DGB may be a top choice. There is no known resistance in between where DGB currently is $0.066 and the last high which was $0.088, and beyond that, we had ATH somewhere just under $0.14. Massive improvements and social momentum have transformed DGB since then, so on a fundamental playing field there is no reason as to why the last ATH would have any effect whatsoever on the rising value of DGB. DGB is known as "The Sleeping Giant" in the crypto world, and often puzzles people as to why the value has yet to be discovered.
BNGO MOONbngo stock has a system, a genome mapping device that has proven itself more effective 10,000x its competitors in some cases and more accurate. Belgium just verified this again today. They’re setting up testing facilities and labs currently and hiring people to operate them. Some of its competitors are worth 400$+ while bngo system is way cheaper but will take over in the next few years. If this isn’t the biggest no brained idk what is. 100 by 2023 atleast thats over 10x gains let’s go
Parabolic Bull Run - Fractals 2017/2021I'm thinking that we are close to a local top, like 2013, in a parabolic run similar to that of 2017.
The local top indicated matches the beginning of Gann's fifth square, according to the previous idea.
Also inspired by BTC_JackSparrow
Price Targets - E28 - March 10th 2021
(Bitcoin Jack - Youtube channel)
XLM, BTC, and the Parabolafolks, I was a bit nervous a few times these past few days I won't lie. However, it truly does seem as though the parabola is back on which means be VERY careful when trying to scalp peaks, because you can and will lose your ass in the doing. The only advice I can give is to HODL from this point until XLMBTC hits the .1075e-4, .1150e-4, or .1200e-4+ ranges. Other than that trade within your own risk comfort.
One thing that I noticed today when XLM went from .42 to .436, seemingly out of nowhere, was that I was afraid it would continue to leg up from that location. Turns out, that only happens if BTC itself isn't in a high rise movement. Something to keep in mind to put your mind at ease if you see a double top with what seems like a parabolic movement. Even so, be very careful.
As always these are just my ideas and nothing here is financial advice! Happy trading!
Swissborg $CHSB / USDI've been a fan of this project for some time... buying at under $0.01 over a year back! They've created a good #yield revenue for their customers and are very transparent and open to the public about their direction
Looks like a clean step-like, parabolic curve for me. I'm hoping for another good move up into the $3.60 to $4.20 range where I'll be unloading some of this bag for a #dollar and a #Bitcoin split.
Trade at your own risk and good fortune :)
FUTU parabolic move coming to an end or moon?$Futu... very aggressive moving stock here, Chinese holding company that has gone parabolic, watching to see a continuation to retest ATH or a hard drop! Not a good long term stock imo, very volatile and only recommend going in this for short term swing or day trade. Expensive premiums and high IV on contracts, choppy movement or flat movement after hours will kill your premiums and contracts will lose value quick.
*side note* I have been busy with work and school and still have some personal things to handle this coming month but will be dropping some charts and affordable plays later. As of now the market looks bloody as we rotate to different sectors each week. Set watchlist by sectors and see where the money is going. Lots of strong company names (aapl, tdoc, sq, tsla) on sale and are at a great spot to add them to long term portfolios. It is safe to stay away from short term swings as there is lots of market uncertainty due to stimulus, memes, inflation, etc. Don't get burned trying to catch the bottom, sacrifice a little profit and wait for clear signs of reversal. Don't know signs of reversal? well now is your time to do some research on TA, FA, Market psychology and more. I will also be uploading more educational videos covering that as soon as I can!
XLM Retracement CompleteI think at this point it is safe to say that the retracement is complete and the likelihood of another retracement to .32 or lower is slim. Currently there is a bull flag forming in the 5 and 15 minute charts that at the very least seem to project a push to the .43 range, or higher. If you look on this hourly comparison of XLM, BTC, the XLMBTC trading pair itself, you will notice that once the range has bounced from the bottom, or hit .000009BTC, that will be the range until the next parabolic movement.
That is not to say that there won't be a few ups and downs, or peaks and valleys on the way to .78 or thereabouts, but that we have hit the double bottom at .355. If anything, we might hit that level again, but I would put that only as a possibility after we hit .43. Eitherway, there is potential for only one more double digit retracement before the .30's are a thing of the past!
Multi-Year BTC Projection | Technical + FundamentalI have outlined a few different trajectories BTC can take in the coming years. Currently, it is still very bullish, and dips should be bought at low points with accompanying tight SL. Color of arrows indicate a changing sentiment when price starts trading around those areas.
In the short-term:
1) Its likely BTC can reach $75k, then expect:
A. Retracement to around to $38k and then continuation to $110k. If volatility is strong enough (with recent institutional and private company balance sheet conversions), then price can bull run up to $240k (top orange arrow).
B. Red arrows: Or it can continue from $75k to $110k, due for a retrace to $48k.
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2) After retrace to $38k - $48k, price can flirt with breaking dynamic support, to adhere to a much larger parabolic pattern that encompasses the inception of BTC (from $0.05). This is a likely scenario due to the worldwide popularity that has surrounded BTC. There is more liquidity (rising market value), an influx of more complex securities offerings involving crypto (CFDs, margin, index creation, 401K diversifications), and worldwide government legislative actions can all act to bring more liquidity into the market, therefor reducing volatility and reducing the subsequent volatile price swings that have been a staple of BTC since it's beginning. Expect either of these scenarios, or a combination:
A. Following orange arrows: price can retrace to $20k, attempt to retest at $75k - $110k, then come back down to $33k for a decision making time.
B. Purple arrow: Due to volatility of BTC, price can follow purple arrow and do a direct dive to $3,200 (less likely).
C. At the end of the orange trajectory: price can make two decisions; follow the green arrow to break into $167k+ range, up to $235k OR even go into volatile bull run up to $450k bull run (green arrow following orange arrows). Or it can make a decision to go into D trajectory,
D. Following the teal arrows: price will adhere to larger parabolic pattern and retrace to $3,200 (more likely with added government regulation + global economies begin to recover after the COVID-19 pandemic comes to a resolution).
Gain Analysis:
Ultimately, this asset has been in a bull run for 10 years, buying at dips and low points with tight SL, allows you to ride the trend, no matter where it ends up. BTC is now classified as the best performing asset in history, accruing a gain of 119,000,000% gain in just 10 years (upwards of 849,000,000% gain if it reaches $425k). One thing to note is the decreasing percentage gains after each impulse wave since BTC inception.
Major Moves-
First: From $0.05 to $32.70 = 63,000% --->
Second: From $32.70 to $1,190 = 3,539% --->
Third: From $1,190 to $19,126 = 1,507% --->
Following this pattern (excluding the initial 63,000% outlier), we can forecast a resistance from $19,126. We can expect a 463% - 500% gain following the gain percentage reduction trend. This paints the next resistance at $107,679 - $114k; this coincides with a hit at the top of the purple parabolic pattern.
This chart will be updated when more price action becomes available.
BITCOIN: Perseverance trading.Well some are aware that a mission called 'Perseverance' successfully delivered probe on Mars. So It looks like Bitcoin is heading there too!
I'm so not green that I stayed out. Who's winning in this? A few big players and lots of small players. Who will be the losers? A whole pile of smaller players. Sorry - I think this is a casino. I'm out of it.
It may not show well but there is an alternate ABCD in there. This sets up a probability for a 38.2% (ish) retracement on the last limb. (I'm not into debates on the 5 traditional ABCD patterns because I've seen too many alternates work the probabilities). This is not a recommendation to sell or short.
No predictions here. What I am saying is that my estimate is for a sudden correction. If that estimate is 51% for, that leaves 49% for it not happening. If I was lucky - and I don't do luck - and had made significant equity gains, I'd be taking profits around now. Lots of other people may be thinking the same.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.