Parabolic
LRC, SONIC THE SEQUEL (LOOPRING) Here it is!!
Price targets (sell targets) red/light red
Two current trends that are fairly major, which were on the old chart.
Parabolic curve meaning short term movement which can really pull the price in some crazy directions.
However, be careful because I currently can't find a real number over 71 and I more real, 54 or so, which aligns with the trends and creates a nice pullback opportunity to retrace the price down to .2
Here is the thing, on the 4h we have a favorable buy with RSI and a number of indicators. However, on almost every other chart, the buy signal is bullish but overvalued, meaning, things are coming to a conclusion from this runup. The question is, did we see the final impulse to the rejection trend and now we need to head down and confirm support or will we see another impulse up and over trend taking us right to .79 and it can easily melt up higher from there.
A new chart would be needed should we start pushing higher targets, overextending trends and all that fun stuff.
I think there is potential with the coin, but I also think Dogecoin is better as a long term hold, along with ETH and BTC. However, like I said, there are lots of great things to buy but also remember, we just say an over 100% gain in a short period of time, which is A LOT, but not always a lot for crypto due to how fast the market moves since covid.
So what does all of the above mean? Be careful buying this coin because there is downside showing on multiple charts and we are topping out, however, be greedy because there will be up and down movement and chances to make money, exit at profit, limit losses... whatever your trading style is, follow that. Unless you just lose all the time, then try something different haha.
Final
Short term: BEARISH PROJECTION
MID/SHORT TERM: BULLISH
MID TERM: eh, idk, probably bearish
LONG TERM: BEARISH until confirming some price targets on the top side (new) or low side (old)
LONGEST TERM: IF GME, big. IF not, RIP.
AXS Analysis: Symmetrical Triangle Breakout and Market IndicatorThis analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios.
📉🔺Parabolic Move and Symmetrical Triangle:
AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern.
This pattern indicates a period of consolidation and uncertainty before a potential breakout.
🔽Breakout Scenarios:
A breakout from the triangle could lead to two main scenarios:
1. Upward Breakout: A breakout above the triangle's upper resistance could signal a continuation of the upward trend.
2. Downward Breakout: A breakout below the triangle's lower support could indicate a bearish reversal and a downward movement.
📊🔺Market Indicators and Considerations:
The direction of Bitcoin dominance and the Total Crypto Market Cap (TMC) index can influence AXS's price action.
In the 4-hour timeframe, the 50 EMA is acting as a support level, potentially affecting price movement.
⛔Additional Considerations:
False breakouts are possible, and traders should exercise caution and rely on confirmation indicators.
Analyzing other technical indicators and market sentiment can help refine trade entry and exit strategies.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
📈DYDX: Is it finally breaking out?🔥🔔🔍DYDX is finally breaking out of its consolidation range after 672 days. The price is currently trading above the supply zone and is supported by a well-defined curve. This could be the start of a parabolic move.
✅The fixed range volume profile indicator shows that we have broken out of the high-volume zone and are ready to start moving. The SMA25 indicator is also confirming the move and is moving along with the price.
🛒The current candle is a good opportunity to buy spot. We can enter after the candle closes. The stop-loss should be placed at $2.5, which is the previous low and the POC of the fixed range volume profile.
🚀For targets, I am looking at $7.8 and then $23.7 (ATH). However, I will not place sell orders now. I will wait and see how the price reacts to these levels.
📊One positive thing about this coin is that the volume has increased significantly during the recent move. This shows that traders are paying more attention to this coin.
💥The RSI oscillator is also entering the overbought zone. This increases the chances of a parabolic move. However, with the high buying volume, we can expect this move to be upwards.
🧠💼This is not financial advice, and it is only my personal opinion on this cryptocurrency. Please do your own research before making any investment decisions.
SHIB - About to go PARABOLIC ?🙀📉Hi Traders, Investors and Speculators of Charts📈
From the technical indicator in the weekly timeframe, we can clearly see how the price behaves when it is above the green trendline - parabolic.
This means that if SHIBA can continue to close daily candies and the weekly candle ABOVE this trendline, the next likely price action is parabolic increases.
The first three zones to watch will be :
It's possible to expect corrections alongside the diagonal support line of higher lows.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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COINBASE:SHIBUSD BINANCE:SHIBUSDT
Nvidia at resistanceNVidia has reached the line linking the lows since 2022.
It is also showing some negative divergence on the momentum RSI-5 indicator.
Would be expecting a pullback towards at least the $600 area, even maybe the $505 area.
A break above the recent high near $750 would invalidate this view.
📈 ICP Parabolic Pump ! Internet Computer (ICP) is currently exhibiting a parabolic movement, and the price action is approaching a crucial resistance zone at $14. This key level holds significance, and a successful breach could trigger a rapid and steep upward movement, potentially reaching $20. This analysis explores the parabolic structure and the implications of breaking through the key resistance zone.
🔄 Parabolic Trajectory:
ICP's price movement is characterized by a parabolic trajectory, indicating an accelerated and steep incline in its value. Parabolic moves often suggest strong buying momentum and can lead to rapid price increases.
🎯 Key Resistance Zone at $14:
The identified resistance zone at $14 is a critical level that has historical significance. Breaking through this zone is anticipated to be a decisive move that could trigger substantial buying interest and propel the price higher.
🚀 Potential Rapid Upside Move:
The expectation is that if ICP successfully breaks through the $14 resistance zone, it could lead to a rapid and steep upside move. Parabolic structures are known for their potential to generate quick and substantial price increases, driven by increased demand and momentum.
🔍 Technical Significance of $14:
The $14 level serves as a technical milestone, as it represents a significant hurdle that ICP has struggled to overcome in the past. A successful breach would not only signal strength but also attract attention from traders and investors looking for confirmation of a bullish trend.
💡 Trading Strategy:
Traders should closely monitor the price action around the $14 level. A decisive break above this resistance zone may present an opportunity for bullish positions, with a target set at $20. However, caution is advised, and risk management strategies, including the use of stop-loss orders, should be implemented to navigate potential market volatility.
🔮 Future Outlook:
The technical analysis suggests that ICP's parabolic movement could lead to a significant breakout if the key resistance zone at $14 is breached. Traders should remain vigilant for potential entry points and be prepared for rapid price movements. The cryptocurrency market's dynamic nature underscores the importance of adaptability and risk management in trading decisions.
a weekly price action market recap and outlook - nvidia #2Good evening and i hope you are well.
Last time i talked about Nvidia was 1 week ago and Nvidia at 610. Time to revisit and adjust.
If you took the trade, you made about 51 points. I anticipated a much bigger and longer sideways to down move than we had but that is not important because i said buy and it was buy and it's still buy.
So what's next for the stock?
I still don't care if you are Jensen himself and you still think this stock is overbought. My guess would be that most Nvidia employees who are not c-level, sold their stock way below 600 and probably calculate their "loss" in missed gains on a daily/weekly level. Does that mean the stock will stop going up in a parabolic way or even down anytime soon? Guess .
The thing about FOMO rallies is, no one knows where it will end and it can go so much higher and longer than anyone would have ever guessed. That does not mean it can't go the other direction for a quick 10% in a matter of hours as well. Why? One reason for this behavior could always be that most traders who are long in them, think this rally is a gift from the heavens and keep a tight stop. So if we get one big bear bar, we might as well get a couple or at least sideways movement. What more perfect occurence that the next earnings release is only 13 trading days away.
Enough bearish talk. This stock is just going up and there is no reason why this can't continue for another 1-2 weeks. I have painted some rough targets above where some profit taking could occur. Big round numbers are always good for that.
I have some calculated targets around 700. If market keeps giving, 800 is not out of the question and there is also a "complete insanity move" target at around 900 but if you bet on that... Don't know what to tell you. That's the hail mary throw of throws.
short term: up
medium-long term: I try hard to push any bias aside an focus only on the price action for this parabolic rally. It's unsustainable and will require some sort of correction the next weeks to months but when and how deep? No. One. Knows. So i won't pretend i do. You have to wait until it happens and then see how it unfolds to calculate targets. If you try to pick tops here, you are as good as broke.
Have a great sunday
1000x GRINCH TOKEN GEM 🚀 Grinch Token: Unwrapping a Potential 1000x Gem! 💎🌈
Hey Grinch fam! 🎄✨ Exciting news on the horizon as Grinch Token is sparkling with indicators pointing to a possible 1000x gem! 💎🚀
🔍 Bullish Signals Amplified:
RSI (Relative Strength Index): 📈 RSI is buzzing with potential, hinting at the momentum that could lead to exponential growth. 🚀📊
Moving Averages: 🌟 Brace yourselves for a potential bullish crossover – a golden opportunity for a 1000x surge! 📈💫
MACD (Moving Average Convergence Divergence): 📉 The convergence is aligning with dreams of a moonshot – the stars are aligning for Grinch Token! 🌌📊
Volume Surge: 🚀 A surge in volumes signals a growing wave of interest – the perfect storm for a 1000x gem! 📈🌊
🚀 The 1000x Quest Begins! 🌟
📆 What's Coming Up?: Stay tuned for upcoming catalysts that could catapult Grinch Token into the 1000x realm. 🚀📅
🌐 Community Power: Your thoughts matter! Share your predictions and let's collectively ride this sleigh to the moon! 💬🚀
🚨 Disclaimer: While the indicators look promising, always conduct thorough research and employ sound risk management. This isn't financial advice – just an excited Grinch enthusiast sharing the potential for a 1000x gem! 🌐💰
Comment below with your thoughts on this potential gem – let's make this journey legendary! 🚀💎 #GrinchToken #CryptoGems #1000xPotential
www.dextools.io this site shows the website, twitter, and telegram for this token, head into it to see more info on it. UNISWAP:GRINCHWETH_7D3806.USD
btc dominance doing jsut as i said yesterday!I mean seriously, look at it, exactly as predicted!
Hope this information finds you well and is helpful!
original post:
"This support and Resistance Line has been relevant for over half of the crypto markets life span. I believe this a final retest before going parabolic!
What an exciting time!
Comment let know your thoughts
If you like my content please follow"
#BTC Will history repeat itself? - Hunting for ARCSThe Bitcoin chart showcased illustrates the characteristic parabolic arcs that in the past heralded significant market turning points. These arcs depict periods during which the price of Bitcoin rose sharply, only to experience equally vigorous corrections. Such patterns raise the question - will the current price movement of Bitcoin conclude with a similar parabolic arc? This visualization aims to direct investors' attention to these potentially key formations, which could act as signposts for predicting future price movements. Recognizing these arcs becomes a "hunt," where traders endeavor to discern potential warning signals before market history repeats itself.
WARNING: Prices in financial markets are subject to change and may be volatile. Predictions are based on historical data and may not accurately reflect current market conditions.
Will History Repeat Itself? - Hunting for ARCSThe Bitcoin chart showcased illustrates the characteristic parabolic arcs that in the past heralded significant market turning points. These arcs depict periods during which the price of Bitcoin rose sharply, only to experience equally vigorous corrections. Such patterns raise the question - will the current price movement of Bitcoin conclude with a similar parabolic arc? This visualization aims to direct investors' attention to these potentially key formations, which could act as signposts for predicting future price movements. Recognizing these arcs becomes a "hunt," where traders endeavor to discern potential warning signals before market history repeats itself.
🚀 MNT Skyrockets: From Head and Shoulders to Parabolic PUMP 🚀 In the thrilling realm of crypto, Moneta (MNT) has orchestrated a captivating comeback, executing a grand Head and Shoulders reversal pattern beneath its all-time low. Currently, the charts portray a mesmerizing ascent as MNT dances within an ascending channel, resembling the onset of a parabolic rise.
Chart Analysis: Head and Shoulders Resurgence Leads to Parabolic Momentum
Head and Shoulders Triumph:
Moneta orchestrated a substantial Head and Shoulders pattern beneath its all-time low, signaling a powerful reversal in market sentiment.
The completion of this pattern acted as a catalyst for a profound bullish upswing.
Ascending Channel Dynamics:
MNT is currently navigating within the confines of an ascending channel, reflecting a sustained bullish momentum.
Ascending channels often precede parabolic movements, suggesting the potential for a robust upward surge.
Anticipated Scenarios: Ascending to New Heights
Parabolic Growth Anticipation:
The presence of an ascending channel is indicative of an accelerated price movement.
Traders and enthusiasts are eagerly awaiting whether Moneta is poised for a parabolic ascent, possibly reaching new heights.
Strategic Approaches: Riding the Wave of Momentum
Entry Strategies:
Traders might consider strategic entry points based on the ascending channel dynamics.
Given the potential for parabolic movement, early entry with proper risk management could be a key strategy.
Monitoring Critical Levels:
Critical levels within the ascending channel should be closely monitored for potential breakout or breakdown scenarios.
Continuous assessment of MNT's price action is crucial to adapt to changing market conditions.
Conclusion: Moneta's Resurgence into the Stratosphere
Moneta's journey from a Head and Shoulders reversal to an ascending channel paints a compelling narrative of resilience and bullish enthusiasm. As MNT flirts with the prospect of a parabolic surge, traders and investors are on the edge of their seats, eagerly watching whether Moneta will carve its path to new heights.
🚀 Head and Shoulders Revival | 📈 Navigating the Ascending Channel | 🌌 Envisioning Parabolic Heights
❗See related ideas below❗
Share your insights on Moneta's exciting developments, and join the conversation on the potential for a parabolic rise in the near future. 💚🚀💚
AVAX - PARABOLIC Next Bullrun🐮+400% TPHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
AVAXUSDT is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. As we see the markets current trading in the accumulation phase where range trading is common, I'm expecting sideways trading between the support zone and the resistance zone. We can then expect the final low volume selloff, as per Wyckoff Method Phases.
Interested in another altcoin that's trading under it's first ATH? Check out Litecoin :
Remember to hit 👍 and follow if you love money !
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XRD & GFAL 💎Don't Sleep on these ALTS!Hi Traders, Investors and Speculators of Charts📈📉
In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL .
Let's take a look at ideal buy zones and future upside potential in this quick video analysis.
Don't forget to check out this update on LINK:
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CRYPTO:GFALUSD MEXC:GFALUSDT BITFINEX:XRDUSD KUCOIN:XRDUSDT
XRP Monthly Breakout to happen by 2025XRP Monthly Breakout to happen by 2025
Here are some targets I expect to see with my XRP bags in the next 2-3 years tops.
Ripple Stock Market IPO, BTC Halving, Providing Economic Solutions to Liquidity Crisis, and Regulatory Compliance will all be reasons XRP has thee most anticipated runs of all history.
Brad G has kept his confidence in the community and team, with rumors of an Escrow Burn (I dont think will happen) It could bring the price to even higher levels than shown in my NFA prediction.
The community is in fear due to the SEC continuing to keep their noses too close to our industry, but what people don't seek to understand is why they're still here.
XRP has passed BTC before in Market-cap and regulators became worried back then.
The community has continued to grow and support the team which makes me think the SEC speculation is merely FUD. They are worried about potential overtakings of the Swift system and they don't want to make any stands because then they would lose the grey area they're currently trying to exploit. The lawsuit had something to do with Ripple, XRP is totally different.
XRP is a utility token trying to solve thee biggest problems such as our financial system. The SEC and democratic party are okay with printing money to stifle innovation in America.
When this begins to happen again, flood of money should flow out of the government who is acting off of mainly borrowed money because they're broke and people will begin to lose trust and faith.
FDIC concerns could also cause banks to require XRP in order to help with liquidity!
Always do your research and never click random links !!!
Keep your wallets safe this bull run and be smart!!