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Parabolic

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.
BITFINEX:BTCUSD
by Captain_Walker
1
Why it is so funny when bitcoin holders get mad at bearsIt is not just because as Buffett said they are not investing but gambling. It is much more ironic than this. Bitcoin has been going not just back to zero but even BELOW zero every time. And people still cheer. Compare this to: Meanwhile the crypto... If it drops they will say they do not care they're in for the long run. And I believe them. If it goes up then drops they will say they do not care it went up so much they were in the green. And I believe them. It's obvious why we believe them. Because they are noobs. The price goes up they will snatch profit instantly. The price goes down they will hold on forever. Nothing new. They did not invent this. Every terrible investor has been doing the same forever. GME had only buyers, then Citadel data shows the buyers stopped coming, and when they were all in, it dropped back to the zero line and beyond (below where it started). It is the same thing for short sellers, that had their fun for long. Melvin took one for the team. Today, 5 years later, Bitcoin is only just at the 2016 trendline. And you know it would be much more fun for bulls to be testing it from above after evil shorts sold than from below after they went all in. Even if BTC goes to 100k it won't be far above the TL, and I bet it will drop below soon enough. The price is arbitrary it's only what buyers and sellers are agreeing on. There is no hard limit up or down (remember Oil?). When the price trends, in a rational market, buyers agree more to buy around the trendline/fundamental value/support, and sellers are getting more open to the idea of selling when the price is far from the trendline. So yes, Bitcoin could be at 2 million today. Although at some point people would cash out and retire. It would be higher than 50k that I am certain of. So each time you see Bitcoin holders celebrate or get angry at sellers, remember to laugh.
by MrRenev
10
🔥 DASH Going Parabolic: New BNB?DASH has shown some crazy returns in the last couple of days. In my previous two analysis, I argued that price action was picking up and that a strong bullish move was at hand. Please take a look at my previous two DASH analysis for reference: Currently, DASH has managed to break through R2 of my most recent analysis. Seeing the current price action, this new bullish move could be the start of something more. We've all seen BNB and the ridiculous move it made in the last few weeks, gaining almost 1,000%. DASH could potentially be the new BNB. I'm not seeing a 1,000% anytime soon, but if we continue with the current trend we could easily hit $500 within a few weeks. Furthermore, investors who have missed the BNB train are most likely looking for another booming large cap coin to pump. DASH would be the ideal candidate. Agree? On the chart I’ve marked two potential areas of resistance, $350 and $400. Do your own due diligence. Happy trading!
Long
by FieryTrading
23
BTCUSDT wants to test 40k? 🦐BTCUSDT wants to test 40k after a very nice bull run? The price is creating a rising wedge at the moment. if you see the bigger picture, the price created even a parabolic pattern. We can see a retest on 40k (0.5 Fibonacci level) The main trend remains bullish ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
18
Mega Long BTC S Curve S Curve bitcoin adoption. Demand doesn't have to grow anymore for price to continue exponential growth. Supply is diminishing at current demand. It's not unlikely that 2017 was a stunted cycle in the early phase of an S curve adoption cycle of this nascent technology. In this chart I am predicting a roughly $100 Trillion market cap by 2030. I believe with diminishing supply and increasing demand it would only take a small fraction of $100T to bring BTC to those valuations. I believe that less than $10T invested into Bitcoin can pump the market cap to those valuations. I do believe that can and will happen in less than 10 years. I do believe that we still have larger percentage increases ahead of us than we saw in the last cycle. The emerging Bitcoin economy will foster a new type of banking industry with free market interest rates. At a certain point in hyperbitcoinization people will realize they no longer need or want to sell their bitcoin for material items they want/need. With free market, sound money, over-collateralized banking, Bitcoin hodlers will be able to earn 10-25% interest on their Bitcoin. People will no longer need to rampantly speculate on risky stocks with astronomical PE ratios, when they can loan their own Bitcoin out at a "PE Ratio" of 4-10 with negligible risk. Conversely if the hodler is looking for a loan, they will be able to use their Bitcoin as collateral and receive a fiat loan to purchase a home/vehicle/etc while keeping their Bitcoin. Imagine the supply/demand dynamics when virtually nobody is willing to sell their Bitcoin but literally everybody wants it. Hopefully at that point we will have forgotten about "unit bias", or in other words preferring to own an arbitrary "whole coin" rather than preferring to own something more valuable. We will be able to look at even a million dollar bitcoin as a means of safely storing our value, even if it's only a few hundred or a few thousand dollars of value that we are looking to store in the form of a few thousand satoshis. While literally everyone will benefit from this sound money system, those who buy Bitcoin earliest will reap the most benefit.
BITSTAMP:BTCUSDLong
by RickSmash
Quantumscape ($QS) a Major buy at $55. Stock heading to $200Quantumscape Corporation is a "Concept stock" That has dropped off 70% from the all time high of $135. The market cap is currently sitting at $20B and is revolutionizing the battery market safer(not flammable) solid state lithium batteries with faster charge times and longer battery life. On the board sits JB Straubel the ex-CTO of Tesla. His expertise is in lithium batteries. This is a huge deal. Many of the other board members are on the board of Google, Formerly Amazon, and Tesla. Volkswagen group own 25% of the company and at the high of $135 not one share was issued. This is a very bullish sign which means Quantumscape does not need more money. The company has yet to put out a product but given the board the massive share investment of Volkswagen; Quantumscape likely has a very promising prototype not seen by the public. The TAM (Total Addressable Market) for Quantumscape is massive and goes beyond EVs. The company can produce for consumer devices such as phones, VR wearables, watches, Medical equipment, home energy storage, aircrafts, boats etc. A market that is expected to reach well over $100B by 2030. With strong partnerships and a killer patented solid state battery product, Quantumscape can capture a large share of the battery market and can possible have revenues of $25B+ by 2025. This is a "Pie Castles in the Sky" "Concept" play...but given the team, investment by volkswagen, Bill Gates, protective patents and market... Quantumscape is no doubt a play that excites the imagination of the public.
NYSE:QSLong
by AntonioVivaldi
7
$SNDL My price targetsHello all, Hope everyone is enjoying this ride up. I have been long in since.73 and was waiting for this moment. Currently the chart looking nothing but BULLISH, with clear signs of a reversal back to IPO levels and more. The company has lots under the belt to make them stand out with; - New products being released - Lots of cash on hand (mergers/acquisitions)? - Marijuana soon to be legalized in the US (2021-2023) - Could expand to US markets through a merger - Oh and did I mention $0 debt. My price targets are as follows; $4 - once we break through $4 it will be a 100% signal of a BULLISH reversal. After breaking $4 my next price target will be $5.50. 1st PT - $4 2nd PT - $5.50 3rd PT - Pop to $9 4th PT - $14 and to possibly making new all time highs. Thank you, I hope you all enjoy this amazing ride we have ahead. 💎👐
NASDAQ:SNDLLong
by davidnovosardian
3
PSG/USDT Ready for a parabolic move!PSG is the soccer fan token of Paris Saint German and has a market cap of 20 million tokens. The same analysis as for the JUV, ASR ant ATM token holds. However, PSG shows more resistance levels to break. But think about it the following way: There are 20 million tokens. Now there are surely more than 20 million PSG fans, let's say 200 million. Each of them wants to have in average 10 Tokens. This would result in a price of 100$ per token. This excludes addict that want to get as many as possible.
Long
by tumbler55
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