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Parabolic

Altseason - 2nd parabolic move coming Just like my first chars stated we have arrived at the predicted cap for alt coins and the BTC dominance is dropping. What do I expect the next 6 weeks: (this is my thought, not advice) Alt coin market cap will reach 800+b IMO in a 6-week parabolic move. The dominance got rejected yesterday against the MA200 on the daily and i still stand by my previous prediction First total2 cap prediction: Weekly dominance chart: This is not financial advice, if you like my charts, click a thumb up
CRYPTOCAP:TOTAL2
by Dmoootje
1
LINK has open and closed (wick to wick) on the 1D above its ATHLink has open and closed (wick to wick) on the 1D above its ATH. In that period on the 4H it successfully tested the ATH with conviction. Can we say definitively it has flipped the ATH to support? Probably not. Needs to retest on the 4HR one more time or confirm support on a full 1D candle. BUT it has even MORE positive things going for it. Besides the above! Like... 1. It has tested and bounced hard up off the 20d MA AND/OR 2. It is moving in a nice (and tight) tight ascending channel. Not to steep, but steep enough to benefit from the guidance of the 20d MA. My thesis: It might have to retest/confirm prior ATH on 4H and it'd be safer to unload stacks after it closes two b2b 1D candles above the ATH (which it will do in a couple of hours). But otherwise.... LINK IS UNCHAINED (get it) from ALL previous gravitational force!!! Time to turn on the afterburners. Happy Trading. I'm not a financial advisor and do this just for fun. In fact, do anything BUT listen to me.
COINBASE:LINKUSDLong
by McGorgeous
ZOM - impressive price actionZOM broke out of a 22 months resistence @ 0.50 with a Breakaway Gap on 11 Jan (after some stealth accumulation for 2 months prior). Breakqway gaps occurs at the start of a trend and do not get filled (until one fine day when the stock finally turned bearish). The stock has been trending nicely since, with a bull flag consolidation in the past few weeks before another strong move up yesterday. For those who have yet to stake into this stock, it is difficult to wait for a pullback (which may or not may not happen before it goes much higher). For those who do not mind taking calculated risk, consider to dip your toes in from 1.30-1.50, with initial stop several ticks below yesterday's large candle's low @ 1.16. Position size accordingly to cater for this wide initial stop loss. Near term target of 1.75 (some resistence around here) should be pretty achievable and the longer term, I feel that 2.98 is definitely plausible. Protect profits with trailing stops at pivot lows on the way up! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
AMEX:ZOMLong
by Juliac
1
OEG - more upsideOEG broke out of a 2 year basing formation @ 1.80 on 28 Dec and went on to more than double in just 2 weeks. It hit into the resistence @ 4.45 (zoom out 3-5 years to see these resistences) before consolidating in a bull flag. The chart has the anatomy of a multi-bagger hence I'm still bullish on it and expect it could go quite a bit higher in the longer run. However, watch out for some resistences on the way up and expect some consolidating along these levels. Stop loss needs to be placed wide enough in order to catch a bigger move hence position size accordingly. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
OLong
by Juliac
4
FRSX - Bought the DipFRSX first broke out of a 2.5 year base resistence @ $2.96 on 22 December last year and began a parabolic move that saw it's price more than tripled in just one month. Profit taking that began 2 days ago after hitting a hight of 11.22 brought it down to 8.05 today (briefly breaching the 38% fibonacci retracement level) before appearing to find support. Consolidations has been on smaller volumes which is a sign that most of the bulls are still holding on to this stock. I longed the dipped @ about 8.20 today, but considering the high volatility of penny stocks, I shall have my intial stop loss placed slightly below the 50% fib retracement level @ 7.49. This stock has a LAST resistence @ 11.70. A close above this level eventually will improve it's odds of a sustainable trend once it gets into All-Time-High. Let's see if it plays out! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NASDAQ:FRSXLong
by Juliac
XMR/USDT 4 Hour Ascending triangleIn this idea we see XMR has reached the ascending triangle at the end of my parabolic fractal. It seems to have pumped out the triangle, found support on top, fell through to apex of triangle (probably due to bitcoin movement) and should now start heading to the upside if Bitcoin cooperates. Right now we are about to see Bitcoin go up and make what I believe will be a double top. This will give XMR a bit of room to run and even if these targets are not hit completely before the correction on Bitcoin we will see a return to these levels in the resulting altseason. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
Long
by The_New_Disciple
Bullish Case For BTCUSDIt looks to me that higher prices are once again in our future. Just when all hope had been lost, BTC has regained its footing. We have reclaimed our strong uptrend active since Dec-16-2020, that briefly turned to resistance this week. The giant H&S everyone has been talking about is still technically active, but in my experience, patterns that all participants can see plainly often fail. Anyway, there is clearly massive buy side pressure. Every dip is quickly bought. Hence I feel a break to new ATH's is imminent. Failing that, the previous uptrend active since March-2020 will be what I am looking at, putting us at around $28,000.
BITSTAMP:BTCUSDLong
by AspiringPro
5
Bitcoin correction to parabola like in years past. The longer it takes to correct, the higher the bottom price will be. If the correction occurred this month, the bottom could be around $16k. If the correction occurred in February, the bottom could be around $18k-$21k. If the correction occurred in March, the bottom could be around $21k-$26k. This is assuming Bitcoin respects the parabola like it has in past Bitcoin runs. If it went below the parabola to challenge the bottom trend line, don't expect a $100k Bitcoin this year as Bitcoin has historically followed the parabolic bull run line to peak at the top trend line in years past and would ultimately require a lot of investor confidence to climb back to new all time highs, imo. If it went below the bottom trend line, expect extreme panic and sell off.. but this won't happen though ;) Keep in mind I am not taking in to account institutional buying this bull run, strictly going off of what the chart implies. Best case scenario Bitcoin doesn't correct and we just go ham to the moon but this is unlikely.
BITSTAMP:BTCUSD
by Secret_Cervix_Agent
2