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Parabolicmove

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
Don't Mind Me Just Trying To Predict The Future Quick explanation here for our bulls and bears out there. (This is my unbiased view,i personally expect us to break out the bottom of this channel, but i'm not willing to deny a pattern until its invalidated) Inverted Head and Shoulders: The move will push us down to ~215B total cap followed by a quick recovery. (Puts bitcoin down to ~7.9-8.1K depending on BTC.d at that moment in time) Cup and Handle: A move to test our above Bear trend "Represented in red". If we are successful in breaking the trend and out of our channel the handle will be completed. A measured move puts us up to ~330B on our total market cap. (Putting bitcoin up to ~11k, once again depending on BTC.d at that given time) *Fractals may not pan out according to plan, as they are only there to represent place holders for the measured moves* I'm most likely to only post charts related to our total at this time, until we break out of this ~195-245B pitchfork channel and choose a direction. As always DYOR and safe trading.
CRYPTOCAP:TOTAL
by CapitulationCalls
6
I'll Take "What Is A Bear Trend" For 500 AlexHello all, This is just an update from my last chart better representing levels, just in case we continue our bearish trend. This chart, compared to our last, is charted on the daily rather than the 4 hour time frame. We have touched basis with our trend and rejected, if we don't make another move to break out in the next week i suspect we will be descending deeper/ possibly retesting our lows in 2018, but that is unlikely as of now. (At this moment in time my last chart is still active, but if our total drops below ~228B we are most likely continuing our bearish trend) Grey Lines represent Fib levels. (Fib levels starting point is December 2018 Lows/ ending point June 2019 Highs) Red lines Represent Support and resistance zones. If we fail to break out of our long standing bearish trend, represented by the Red line directly above our candle stick patterns, we will most likely head down for lower lows during February-March. In my opinion it is not wise to be over leveraged in either direction at the moment as we are at a turning point in the market. Feel free to comment and share your views. As Always DYOR and safe trading.
CRYPTOCAP:TOTAL
by CapitulationCalls
BTC bottomed at 7300?What is Parabolic Move? In purely mathematical terms, a parabolic move is an exponential rise. Parabolic Curve chart patterns are generated when steep rise in prices are caused by irrational buying and intense speculation. Parabolic curve patterns are rare but they are reliable and are generated in mega bull trends. These patterns trend gradually making higher highs and lower lows in the beginning stages but can be volatile in the exhaustion and reversal stages. Irrational buying in the public generates a strong rally to push prices vertically, followed by a steep sell off. Examples of this market types are the NASDAQ bullish markets during 1990–2000 (retraced 80%) and Gold prices from 2000–2011 (retraced 62%). Parabolic curve is a reversal pattern and has a very predictable outcome. Although they are predictable, they are relatively difficult to trade since the market sentiment is bullish and may be relatively tough to point reversals to trade. Most Parabolic curve patterns have a significant correction of 62–79% of its price rise (from the top). The basic ideas behind Parabolic curve patterns: — Pattern is easy to spot but difficult to trade with excessive volatility. — Most Patterns retrace to 62–78% of its rise. 50% retracement is first target. BTC moved from 3.337 to 13.868 = $10.530 with %315.49 increase From $13.868 to $7296 = $6.572 with %48 (correction) retracement. Are we done here or there is another %30 drop coming?
COINBASE:BTCUSD
by Moe_mentum
1
DAG/BTC Parabollic movesAs shown in the chart above, we are seeing DAG/BTC in a parabolic increase since July 15th of the current year. A parabolic increase is a great way to make money, yet a very risky play, if the signs of a possible break are disregarded. 

We ask a series of questions to determine the technical status of DAG/BTC
 Is this parabolic increase about to break?

 No, right now, we se every little signs of weakness but therefore a lot of signs of strength.
 For example, the volume shows us very clearly that during the whole move and even at these high levels buyers are still stepping in and sellers seem to be non-existent.

Looking at the TJ-Index, which is made out of 15 different indicators, we clearly see a very high number, indicating us confluence for the bullishness we see, since almost all of the built in indicators and conditions are still very bullish.

What is the best entry? Which levels can we expect? Entering DAG/BTC at this point in time is most likely not the wisest decision an investor/trader could make. We are at what seems to be the end of a parabolic advance, which is mostly followed by a retrace to previous key-levels.
 Here, we are especially looking at the key-area of 153971 and 145052.
This particular area was a key area of resistance for almost two full months. Nevertheless, it broke on the most recent push upwards, after hitting the parabolic curve once again. 

Based on the fact that we are right now at a HTF resistance, in a strong yet overbought structure, which is slowly but surely locally loosing on strength, the only reasonable expectation we can have right now, is a retrace in the mentioned key-area.

 A retrace into this particular area would also mean two things. 
 One would be a Support and Resistance flip, which is mostly a very bullish sign and asks for a trend continuation. 
Second, a re-confirmation of the parabolic curve. We see in such parabolic increases very often a consistent re-confirmation of the main curve which acts as a trend line of sorts.
Even though, the most likely and desired option is a retrace, there is a worthwhile chance that DAG/BTC will just continue this most recent push through and above the local resistance level. In that case, we would be looking for a support and resistance flip at that particular level of 196000.
 Conclusion DAG/BTC is definitely a very bullish pair and is most likely to be one of the top performers for the upcoming months. Nevertheless, an unthought entry can bring an unwanted drawdown.
A full-size entry at the local levels is surely not suggested, since a retrace into the area of 153971 and 145052, looking at the history of DAG/BTC, is the most viable and reasonable scenario to occur.
D
by KongTrading
1
$Beam/$USDT Inverse Parabolic with a potential V shape Recovery?Good morning ladies and gentlemen! Beam has had some serious downside action. And to some of you, that may be scary and I completely understand. But the golden curves are a representation of the flow in the price action. And what we saw was pure capitulation on Beam. It was the reverse parabolic moves we see in an uptrend on other assets that everyone gets all excited about. This asset is best depicted on other exchanges as their isn't enough history on the trading view charts for me to showcase the Bullish Divergence that is forming right now. I mean come on, this is the area where "everyone" wants to get out. You are at an area of value on other exchanges which is why I highlighted the box on here with no historical support. "Believe me, it's there". Just not on this chart. I would like to state that while capitulating, you started showing signs of exhaustion on the sellers as depicted by my smaller curved drawing tool. With comes triple MacD and RSI Bullish Divergence on the 4 hour time frame. I think their are overwhelming amounts of bullish indicators here and people will call me crazy as all the see on the charts is this asset continuing to dump. This is all probability of course, but I have taken a position on this asset at 50 cents on another exchange. Break below, don't panic until we start to see follow through price actions. Set your stops where you think is best, but also think about your risk/reward ratio. With Parabolic or 'Inverse Parabolic" moves comes a V shape recovery or retrace. In this case, we may be in the makes of a potential V shaped recovery. These moves are typically fast and will end with massive gains if you had got in at the right time. I made my choice to get in due to the overwhelming bullish indicators that have been forming. I am looking for my potential exit targets to be inside that plasma pink box between the .382 and .618 retrace. The .618 on the Log scale just so happened to coincide with critical resistance ;) Twitter: twitter.com If you want to be a loving supporter of me and my "ChArtworks" $BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z $LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn $ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9 $x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3 Join the best Crypto and Technical Analysis Community in the world! Discord: discord.gg (Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
BLong
by ChArtWorks_TechnicalArts
4
XRP Bottom is in - heading towards 0.44$ and beyondHey everybody. Xrp has bottomed out and I expect parabolic move from now on. Looking at smaller picture, I have 3 rectangles over here. Yellow - Monthly supply zone. Blue - Weekly. Purple - Daily. As you can see we had perfect retest of daily supply at 0.283 zone TWICE. This shows a strength in the market. After this retest we can easily pierce other levels and try to reach upper line of MS @0.44$. I also added dates, don't look at them too seriously, just trying to work on date pivots. Keep in mind, that when XRP pops, it doesn't retest any supply's in the later stages of bull market. We are shifting from BEAR to BULL. Perfect situation for long term positioning and holding. We will reach new ATH sooner than most ppl think. 0.44 could be a short stop before things get crazy. This idea is for educational purposes only! Have a great weekend everybody.
BITSTAMP:XRPUSDLong
by Patrikas10
1