ParametricTrading

ParametricTrading

A nice momentum move into a consolidation sets this pattern up. We have a consolidation with diminishing volatility providing stored energy to the pattern. The unsustainable push leading into the consolidation area is neutralized by the price pulling back and touching the powerful 240 21EMA. The price was held nicely by this moving average giving us a great...

ParametricTrading

Jan 10th, 12:00PM PST We've had a momentum move into a consolidation with diminishing volatility (aka triangle). This is setup is early in development but worth watching. First we want one more bounce off the horizontal trend line of the consolidation. Then we're looking for this to pullback to the 240 21EMA (to prevent Over Extension) and then a quick reverse...

ParametricTrading

In following the movement of large amounts of BTC onto exchanges, I noticed one wallet in particular (3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS) was moving large amounts of BTC onto exchanges prior to relatively significant declines in BTC's price. Tracing this wallet revealed it also receives large deposits and is a fairly significant wallet on the blockchain. Full...