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Parabolic

Bitcoin: Short Term Parabolic Trend 1H (May 15)X Force Global Analysis: Bitcoin has broken out of a bullish ascending triangle pattern, after a significant corrective wave. In this analysis, we explore the current technicals demonstrated by Bitcoin's hourly chart. Analysis - We have broken out of major resistance zones of 9.3k and 9.5k - We have also broken through the descending trend line resistance with great momentum - The most reliable support trend line demonstrates a parabolic trend for Bitcoin - The technicals demonstrate bullish momentum too - Relative Strength Index (RSI) shows a clear uptrend, with higher lower and higher highs as a sign of trend strength - The Moving Average Convergence Divergence (MACD) also demonstrates a clear uptrend, with strong bullish momentum - However, we have learned from history, that parabolic trends are not sustainable - After breakouts from more or less four base levels (phases of consolidation), a break down the parabolic trend line takes place, leading to a corrective pattern - Our last remaining resistance zone is at the previous local high, 10K Market Sentiment: The market sentiment is extremely bullish, with long short ratios at 73 to 27. What We Believe Whether this bullish move will mark the beginning of a new bullish rally, or whether it's merely a means to eliminate high-leveraged late shorts and provide liquidity in the market for bigger short positions remains murky at the moment. A break and close above 10K levels could confirm a bullish rally up to new highs, while a rejection at those levels could signal a bearish double top formation. Trade Safe.
BITSTAMP:BTCUSD
by XForceGlobal
1
DgbUsdt possible scenario and buying opportunity....Traders , after a 15% correction from our last top , we 're still sitting on a crucial fib level . A consolidation around this area could lead us to more than 50%move to the upside . I'm not familiar with the A-E waves but following our fibs and our curve , the result could be around the corner. Don't be fooled , a possible re-test of the 0.382fib at 0.02044 is a possibility. NO LEVERAGE is the best play on this pair .If this scenario is validated , TP around 0.034 .Trade safe .This is not a financial advise . Ben.
Long
by Ben1004
TSLA is in the Thrill/Euphoria stage. Be cautious. -TSLA is in a very strong, parabolic uptrend. In my opinion, this stock has entered the Thrill/Euphoria phase of the market cycle. This is a good time to be cautious and evaluate the situation accordingly. Lots of indicators are suggesting this stock is very ahead of itself, and it is only a matter of time before the chickens come home to roost. TSLA is a not a stock to short as we've seen the last several weeks, but if you're long, how much more does it have in the tank? These are important questions to ask yourself as price is in the Thrill/Euphoria stage. I attached a link to the Wall Street Cheat Sheet (Psychology of a Market Cycle) below that has a nice infographic that shows where I think TSLA may be at the moment. -If you guys recall, I made a bullish tradingview post when TSLA was around $180 several months ago. If you'd like to check it out, the link is here: -The Wall Street Cheat Sheet (Psychology of a Market Cycle): wisecryptos.com -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
NASDAQ:TSLA
by Deftsuo
BTC Very LongBTC has bottomed out and is preparing for its long waited rally to the skies. As you can see on the left chart, whenever BTC price has touched the lowest growth curve it was followed by a long term bull run and we are at the lowest point possible as of now. Also the price on the left chart is forming a humongous triangle which in my opinion is a precedent to the next all-time highs. Expect the next parabolic bull run after the price breaks out of the triangle closer to June or July.
BITSTAMP:BTCUSDLong
by UnknownUnicorn4547896
2
NEO now has parabolic potential on the daily chartI have no emotional attachment to this coin one way or another. If you look back a few weeks ago, we shorted it to the low 11s. However, given the recent resurgence of those lows, NEO clearly has a shot at a parabolic movement upwards. Maybe it will coincide with the platform upgrade to 3.0. It is very important to have a stop loss, maybe if the coin dips under 10 (break of parabolic advance) for a few consecutive daily closes, because these things can go either way. The R/R definitely favors a heavy long here.
NLong
by lsutoomaha