Tesla At Top of ChannelThis is a very simple analysis. Just pointing out that Tesla is now at the top of a parabolic channel that goes back to the beginning of this year. It can still go higher from here, but some will be looking to take profit in this area.
The bottom of the channel is around $1,300.
Parabolic
LEND.BTC (Y20.P3.E3.v3).Gems in the making.No.2Hi,
This is a continuation of the previous post, link below.
This is part of my Defi - Gems in the making series, No2. Kava is No.3, SOLBTC will be No.4, etc
As you can see, I have updated my chart and target areas....I suggest keep going long.
Why, I expect 3 or 4 impulse moves before another major pullback or sell off.
(Until BTC hits its target, we will likely not have a sell off)
However its better to keep raising your stop limits, strategically placed as we go up.
With regards to the next target, I have noted the following:
- The height of the formation has confluence with the fib level, extension
- Using the CPR tool on the weekly R1, it too has confluence with both the height method and fib. level.
However the trend line is also a strong resistance
FYI, with regards to LINK, I would suggest looking at the chart and place a stop loss or sell soon.
Apply the stick test on the bottom trend, If its vertical, its unlikely to be sustained.
Please give me a like or tick for this post.
Cheers,
S.Sari
PREVIOUS POST
Ren- Muti-time frame analysisAnother hot oracle/infrastructure token riding on the DeFi hype. Good for short swing trade that lasts for a few days or weeks.
KAVA.BTC (Y20.P3.E3).Gems in the making.No.3Hi All,
This post is part of a series of posts that I have started with parabolic curve signs and hence the title association Gems in the making.No.x
<<< Note: This title is associated with all parabolic curve charts or likely to be as per yesterdays post on LEND.BTC >>>
KAVA is part of the DeFi group and looking at the overall view so far, chart below, we can see how its progressed.
If you refer to my previous post on LEND.BTC, I touch on the points of Base1, Base2, Base3 and Base 4 to then extend beyond the Arc to complete the cycle.
LINK.BTC is doing this right now. Refer to link supplied below for further background information.
OBSERVATIONS:
========================
> It is early stages but what I have quickly learnt about parabolic curves is that they move away from the channel path aggressively, just like Kava btc pairing now;
> Current price action is below another FIB. extension target and is consolidating into what seems a ascending triangle;
> The daily Phoeix supports the thesis that it will go sideways for now with slight downward pressure; Green RSI crossing over Red RSI with gray pressure moving upwards, meaning sideways action.
> The Phoeix outlook on the 3 day and onwards is all upwards pressure;
> Daily chart, the 21, 34 and 50 EMA from the price action, demonstrating aggressive movements;
> Daily Macd looking for a bounce off the signal line;
THOUGHTS:
> If the current price breaks this level in the coming week, it will give us the arc we are looking for, hence confirming the parabolic curve;
> How to trade this > go long and go to the smaller time frames be it 4 or 8 hourly chart and enter as the chart below.
Otherwise wait for the breakout and retest of this resistance line (place order there), but you risk missing out.
Please dont forget give me a like or tick for this post as I would like to see my charts not only succeed but also get more exposure out there.
Regards
S.Sari
Macro overview:
Daily chart:
Note the 21, 34 and 50 EMA from the price action, demonstrating aggressive movements
Entry level, if you haven't bought yet
AARTI DRUGS - Learning the Parabolic CurveMy new learning - Plotting the Parabolic Curve
Calling out experts to correct me if I'm wrong.
If the Parabolic Curve drawn is correct then expect the price to at least touch 1700-1750.
Lets Wait and Watch
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
LEND.BTC (Y20.P3.E3.v2).Gems in the making.No.2Hi All,
*** This is a continuation of the previous post, or an update of the link below, Price Action explained ****
I constructed this chart prior to the drop. But the macro approach doesn't change.
The title is related to a few coins, Gems in the making will focus on specific coins that have demonstrated a clear parabolic curve pattern.
No. 1 goes to LINK.BTC, which I had a previous post with this as part of its title.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
ANYONE INTERESTED
============================================================================================
The vision:
I would like to build a team, a community maybe, limited no. where we work as a team on TA of the charts and we all benefit.
There is a criteria, you have to have the same values and mindset with the team. It won't be easy to build this team but why not start.
For now, its only a thought but if you interested let me know, and I can start planning the platform or forum to do this.
The vision, we work together going through the list of crypto, do quick summary of each and routinely review them together.
The criteria is that you know the basic fundamentals of TA and demonstrated it (by publishing your works where I can have a look).
I don't just want anyone but people who have the same mindset and are willing to do the work as a team.
For now, its just the planning I would like to do.
============================================================================================
Now for LEND.BTC
As a student in the art of TA more precisely price action and chart structure, I am very interested to building my knowledge base.
What really is frustrating is time and what can be achieve while this anticipated macro bull run is in the making.
Here is a new subject i'm trying to get good at and its identifying Parabolic (curve) structures.
LEND.BTC definitely falls into this as demonstrated on the chart.
So lets begin in point form >
> LEND has demonstrated 4 bases
> It has an increasing support trend-line, which the angle increases after each base completion
> Respecting the 21/34 EMA along the daily
> Climax ending\extention after base 4
> Pullback complete to 0.5 fib level
> ****** The KEY thing here, its done a double top *********
> The double top is what I'm playing my bets on, and that fractal is from BTC 2017 bull run, a similar structure even prior to 2017.
I'll put a sample here.
MY THOUGHTS:
========================================================================
This is going to be a difficult thing to explain and even to implement, but if you do it right, you compound your earnings.
Scenario lay-ed out:
> We noted that when BTC rises quickly, the ALTS and their pairing fall back\behind of that impulse wave.
> We have noted, when BTC hits its resistance in an uptrend, the ALT pairing bounce quickly behind.
> However if BTC makes a break, like this likely position of 12 K, you can be sure that the ALT pairings will drop significantly.
> We have noted that the BTC dominance level is approaching the 0.618 retracement based on my chart reference (refer to previous BTC dominance post, link below)
So you can expect the ALTs will take a hit, but after that, the ALTS will rise especially those DeFi and ETH the most.
With that scenario in mind, where we enter LEND is critical, otherwise you can take a hit because of the above points, so you must be quick to react.
The safer play is have only BTC and ETH until we hit $12500 or $13800 for bitcoin OR $465 to $508 for ETH
Otherwise roll the dice with me and buy up LEND, KAVA, SOL, LINK who have demonstrated parabolic structure.
Some are about to finish and start a pullback while others are looking to start the 2nd leg.
The BTC fractal associated with this chart and potential direction
The next project > SOL.BTC
LINK.BTC (Y20.P3.E4).Rare Gems and the Parbolic Curve PatternHi All,
**** This is a continuation of the previous post > LINK-BTC-Y20-P3-E3-TA-on-the-Macro-structure, link below ****
As I am still a junior in this field, I have however learnt something new this week and today to confirm something that just dawned on me, the Parabolic curve pattern.
FYI. I was trying to work out when to sell. Help me if you can?
I don't know much about it besides what I have seen recently on google to know this is it and that it is likely to have 4 base levels.
The issue I have is working out the target.
Some time back (post below) I got the Editor's Picks of the week (and will feature on the page www.tradingview.com). 1st time.
What I didn't know was actually doing a good job at getting the target right (I think, maybe more).
If I had know about this pattern I would have traded it much more successful.
I'm sharing this for others to benefit and to share the thrill of getting things right.
Now if any of you know where I can find out more details about this topic, I would much appreciate it.
For now, I saw a video that stated that the selling point is equal to the Base of (3) x 2.16
If this is correct, then we have 2.16 x 0.00016004 = 0.00034568
and that the Base of (3) x 0.79 with give the base of (4) = 0.0002865
Cheers,
S.Sari
PREVIOUS POST that came to work out OK.
BTC/USD: Parabolic rise must cool downIt's true that bull markets can take you by surprise and be irrational for longer than you expect. But it's also true that parabolas don't last forever.
This rise to 11.4k was parabolic. Bitcoin got more overbought on the daily, by my own calculations, than at any time since April 2019. The last time it hit these levels before that was Oct 2017, and only for one day each time.
So (it seems to me) one of two things must happen, on a daily timescale:
1. A retrace to some kind of support level, like the local ones highlighted in green on the chart, or at least the 0.382 or (much) better the 0.5/0.618 Fib retracements, and then continuation. I just don't think the quick touch of 10575 is enough. I could be wrong.
2. A sideways corrective pattern for a few days, like a flag but not necessarily that obvious, during which we get a daily oversold signal (probably just one) on my Price Action Trend | Simple indicator.
I'm totally bullish on Bitcoin and will long the heck out of either of these two when they occur.
Let's not forget there's also the CME gap, highlighted in yellow on the chart. Note that while I believe it's overwhelmingly likely that this will fill on the BTC1! chart, a spike down there wouldn't necessarily match the price on other exchanges, so you can't translate the exact levels.
Finally, since everyone and his dog are now bullish, we can't rule out a good old-fashioned stop-hunt.
#notadvice
Trade safe, everyone.
WARNING TO GOLD PERMABULLS!Yep - I missed the parabolic pump and I'm sooo happy!
There could be trouble ahead. Gamblers late in the game go right ahead!
Those gamblers who made their killing could be getting out. You never know.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. 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, or miss opportunity, kindly sue yourself.
NWC in parabolic curve - path to 20c (300%)Hi
I just came across an idea that growth of NWC coin is just the beginning of parabolic cycle.
Few things indicates that:
1. NWC is making HH, HL which indicates healthy uptrend
2. Parabolic curve touched and price skyrockets when touched it.
3. Integration news and partnerships were all true. Also team promised few more for next week
So buying a rumor before announcement is usually a good idea. Last month team did an amazing job, and with few more integrations like they made could
bring even more attention to this low cap altcoin. Usually my predictions are in BTC pair, but Bitcoin is uncertain right now, could moon, or sink, NWC wasn't affected by Bitcoin's movement lately
so it makes more sense to make a prediction is usd value this time.
After integration of paypal, visa, mastercard, I'm really eager to see what's next move from Newscrypto.
regards
ZAP/ USDT supports and resistanceAN idea about where the emerging supports and resistances appear to be in the recent slow down of the parabolic moves that ZAP has made in the past few weeks.
#Gold - #XAU/USD - Unpopular chart looking at this on monthly we are in the parabolic run, if I have learned anything from trading #Bitcoin this doesn't end well.
I don't think we will be able to break above the previous high, we are printing Bearish diversions on the weekly timeframe, sooner or later this is gonna dump down hard!
depending on the HIGH of this rally i will target at least 0.705 Fib level for take profit, will keep you posted in the timeline
The descending triangle that we have broken has targets of 2076 but I think we will dump first before reaching that target
CRO -Resuming Parallel Channel Uptrend after parabolic blowoff-CRO has resumed trading in its parallel ascending price channel after a brief explosive break out upwards. Unlike the Related Idea below for MCO tokens, CRO has been an excellent buy as this platform offers staking some CRO with an impressive 18 percent yield, add that to the incredible price appreciation we have seen, you are going to need all of that to offset all your losses on MCO tokens. Cryto platform referrals are welcome if my chart helps you make a hard decision in the short term. Referral: 3pfx3etpmk
READY TO FLY?!i have marked and highlighted everything in chart..
just look at MACD and RSI and SAR
its time for a little correction before flying, make sure you are ready
resistance cant stand after that correction..
XTZ needs this fly..
and of course everything depends on bitcoin so have an eye on it..
Apple - Dire WARNING - DANGER ZONEThis post addresses basic cycle theory. Parabolic curves and parabolic trends.
Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme.
Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play out.
In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome.
Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded.
Please scroll down for accompanying information and examples.
Please feel free to share your own examples of similar Parabolic trends and their outcomes. The community would love to collate this kind of information in one place.
Happy trading, stay safe. Don't be over exposed.
Picking the top or being humbledOverstock has definetly gone parabolic, 2500% in 5 months.
- Double Top
- RSI massively oversold and in line with previous parabola (though slightly early)
- Massive weekly panic buying candle
Perhaps the more disciplined play would be to wait for bearish RSI Divergence (yellow lines) but it feels like when this goes it will be fast.
MBL paraboilc Chart! Bullish Indicators!Hi everyone,
MBL is moving really bullish.
- Downtrendlines broken
- RSI over 50
- MACD moving up
And some more:)
This Coin can easily move 100% in days.
Trade at your own risk.