TRAC on it's way to a massive rise from May and onwards!Hi everyone, first of all, before doing anything I want to redirect your attention to another chart, that of Celsius Network. I've been charting charts for quite some time, 10+ years, and I have never to this date discovered two stocks/tokens moving IDENTICALLY, more or less over a period as long as 2 years, on completely different timeframes. One thing is comparing instruments that move identically within the same timeframe with a Beta close to 1 with say indexes such as S&P, NASDAQ etc, while it's totally different when you encounter between two instruments with a timeframe which is 9 months apart!
Here is the chart I've compared TRACs chart with, take a look for yourself. You can also read about the fundamentals of the project in the comments in this link:
www.reddit.com
As TradingView was missing chart data for Celsius prior to October of 2020, I had to find this from coingecko and paste it in where this data was missing. The length and depth of the chart pasted are accurate, albeit it is displaying daily price closings and not weekly. This shouldn't create many issues in discerning that the patterns are completely identical and that TRAC is literally moving in the steps of CEL. History doesn't necessarily repeat, but it can sure rhyme, and in this case, it seems to be repeating rather than rhyming!
Each to his own! You can notice that I've used the mid-channel line as a major resistance area as not to get overly optimistic on this move, as I do believe that OT may develop a new channel of movement after this.
TRACUSD trade ideas
TRAC - V2 - The supply chain rocket ship; round 2TRAC - V2 - The supply chain rocket ship; round 2
I wanted to refine this longer term look at TRAC price action. Lets see if these channels play out. I like fractals and channels, can you tell?
See attached idea for spiel.
Gone up a lot. Will go up even more. Still not on any of the big exchanges. That may be its undoing if they won't let them in.
All aboard.
TRAC - update - Longer term price path predictionTRAC - update - Longer term price path prediction
Lets see how this plays out. i like the 100x bottom to top idea, these coming bull legs should be much tighter than the fractal, more vertically inclined.
For more info see related first idea with main channel to work with if your trading it.
TRAC - Supply chain sleeping giantTRAC - Supply chain sleeping giant
The team impresses me (apart from getting new exchange listings! or there is some conspiracy against them ie. not part of some group of elite pumpers, or they are timing that listing juuuust right to catch a bull wave), the concept has REAL LIFE application and the tokenomics etc are pretty good.
I've been hodling and selling this one off for awhile now (since 17!).. it single handedly saved me from my own idiocy to be honest. Its too bad I didnt just go all in on this beast when the time was right and hold.
I expect it to 200x+ from that March low. The next leg is coming very soon. Its been clearly simmering..
Probably a Binance listing will propel this one up very quickly to some insane price. I had a feeling about this one in 2017,,, and my feelings in crypto I've learnt to just blindly follow..they tend to pay off.
#215 on the charts... 60mill market cap. @@
All aboard!
TRAC - buyBuying TRAC on the back test of support.
Chande indicator buy signal.
Conservative traders may want to wait for ParSar reversal to confirm.
