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Parabolic

ONT/USDT Update: Retesting old support lineOntology is currently retesting the 0.9 support line the second time. It did hold strongly during the last test and we assume it will again. We did break out of our upwards moving channel and have to take another shot. Checking the RSI we see that we are near the oversold region and the volume is in a steady rise since 2021. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
4
XMRUSDT wants to retest the 0.618 Fibonacci level 🦐XMRUSDT wants to retest the 0.618 Fibonacci level. Now the price is testing the parabolic trendline. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XLong
by InkyGrip
18
BTC Parabolic?COINBASE:BTCUSD BTC bubble is popping - Starting to deflate due to Elon tweeting, Tesla no longer accepting BTC, and China ban on institutionalized crypto investor. BTC is gonna drag most, if not all cryptos, into a short bear market then cryptos will rebound I personally think this is the beginning of the end for BTC >BTC is like the Ford Model T, it has its legacy but the new is better than the old. I see many altcoins booming in the future as consumers/sellers/investors look for a replacement to BTC
BITSTAMP:BTCUSD
by EconomicalJacket
3
Now this is scary! (May 16 update)This is a May 16 update to my parabolic-turn-around idea originally published May 5 (and updated May 12): Well, this does appear to be happening. Should you be uncomfortable with my $34,300 target for BTC, may I remind you that a short 14 months ago, its price was $3,782. That’s not a typo. The price was $3,782 (not $37,820). And may I remind you that large cap coins do not do a 10X moon shot (let alone 17X) without a major retrace. They just don’t. My two cents worth: One might think the current BTC drama is organic price action caused by Average-Joe-Traders around the world. Well, may I suggest you may be a bit naive. This is an forced dump carefully managed by Bears (via their computers) who have a vested interest in a low BTC price. I submit three motives: 1. Altruistic: BTC, like all stocks and cryptos, need an occasional, major Fib-retrace to continue a healthy growth trend. This is not only natural, it is part of the "fair and orderly” promise made by licensed exchanges. 2. Individual greed: The above Bears, I’m quite sure, are holding short positions on BTC. Once their target bottom price is reached, they will cash out and make a nice profit. 3. Corporate greed: As you’ve no doubt heard, many main-stream investment firms have announced they are getting into cryptos. Did they actually buy when their announcement was made – or are they “waiting for” a better price? (I would have used a different term here, but I don’t want to be accused of being a conspiracy-theory guy.) Possible major price action (± $1200): $12,000 fall from $58,000 to $46,000 with $6,000 retrace to $52,000. (This has happened.) $12,000 fall from $52,000 to 40,000 with $6,000 retrace to $46,000. (Ongoing now.) $12,000 fall from $46,000 to $34,000 with $6,000 retrace to $40,000. ($34,000 = my target.) $12,000 fall from $40,000 to $28,000. (Oh my!) Enjoy the ride! Nothing I post should be construed as trading advice. Sincerely, Bullbearish (I'm a Bull, but Bear happens.) PS: Below is the text of my May 12 update (which explains the radial lines): _____________________________________ An update on my May 5 idea: I tweaked the parabolas to accommodate the latest price action and added the radial lines a, b, c, and d. I did “cheat” (with some reasonable(?) TA rationale) on lines a and c, and I note that lows and highs occurring early or late in a day would affect the slope of these four long(!) lines. The results are scary. Line d suggests that a flash crash could happen over the next few days -- even today. I don’t believe this will happen, but in the spirit of TA Ideas, I publish this to show why it could happen. This is not trading advice. And yes, I know, I'm using very unconventional TA, but hey ... Sincerely, Bullbearish (I'm a Bull, but Bear happens.)
Short
by Bullbearish
5
EPS/USDT Update: Will a double bottom save Ellipsis?Ellipsis as you already know did bleed out since the beginning of april where EPS was Binance listed. We now got a double bottom which is a strong reversal sign. Check out the volume increases and you will see that over the last month the increases appeared during upwards movements. These coins were not sold according to the chart which means most people that invested stay bullish and hodl on. Ellipsis has a great usecase providing the opportunity to interchange stablecoins as a decentralised plattform with low slippage. The future is decentralised and projects like EPS are at the forefront. We added to our EPS bag and enjoy the upcoming ride. Feel free to comment and start a discussion here. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ELong
by tumbler55
2
ONT/USDT Update: 150% bagged. Last resistance already testedWe look at ONT since Feb 2021 where we started this parabolic recovery. 150% is already reached and we did bag some partial profit. The last resistance arounf 2.6$ was now tested and we did fail to break it the first time which is not unusual at all. The more often we test this reistance line the more likely it becomes that we can break it. After this resistance we aim for a new ATH >6$. Take a look at the volume increase, it is just beautiful. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
2
$CRV with More Curves $crv finally looks to be ready. as mentioned last time, I believe $crv will have an explosive breakout. levels in the right are fib levels, and tp levels are marked with green (and yellow if you have weak hands). other fib lines (purple) can be used as stop losses in profit. info lines in the center are experimental, and show the possible heights $crv can reach on this third parabolic step breakout run (calculated using the first two parabolic steps). bar pattern is $fil which also saw tons of accumulation before breakout. scaled to size to show possible market movement and fit too perfectly with my fib levels and curves not to add lol. having fun with this one but confident with this prediction. good luck all! lmk what you think
Long
by DanielDimes
3
ETH is coming for the crownSo, as you can see, since ~20th of Feb, we've entered and, for the most part, stayed within the Pitchfork channels the entire time. Only exceptions being a few of our four hr candle wicks busting thru the support beams at the bottom, but they always closed above. Now, we are at the top resistance line of the last channel. Separately, there is a new channel that we have broken into (pink and green trendlines) more recently, when we started hitting ATHs daily, and sometimes multiple times per day, with ETH. Following up the chart, you'll see the cyan and pink horizontal support and resistance levels we are currently using, and finally, circled in yellow: where I believe ETH is going to be forced to make a big move. Indicators show, to my knowledge - which is dubious at best 🤤 ***this is not financial advice*** - that we are going up. However, both ETH and BTC it seems are due for a correction, so, possibly this is it coming up soon. Regardless of which way the candles go, always have stops and takes set. Or else you'll get rekt. And then, what was the fucking point?? Good luck! (Check chart on daily as well for more confirmation with these indicators)
COINBASE:ETHUSDLong
by DeepPuddles666
Bitcoin Alternative Setup - Short-Lived Bullish ParabolaYes, this is also possible. I am piggish at my core even if I've been leaning bear (due to the ridiculousness of this market/economy). Should this setup manifest, it will be because a new ATH is reached this week. Prepare for a very weird move higher following the ATH. It will look like an actual moonshot to 100k after failing to break down to the line of death, but I believe this will be yet another double fakeout around 67k. That's right - it will look similar to the first whipsaw that occurred a few weeks back. See my first post about the DUAL BARR setup attached below for details. Ultimately, this would turn into a QUAD BARR Top and then a certain crash. Both Ethereum, and the Dow Jones, are hinting at this type of crazy-stupid move higher as well, so might even say this is the more likely scenario than my post earlier today. Who the hell knows, ya know? -Para-Pig BITBAY:BTCUSD BITBAY:BTCUSDT CAPITALCOM:CIX CRYPTOCAP:TOTAL CRYPTOCAP:ETH TVC:DJI
COINBASE:BTCUSDLong
by UnknownUnicorn5511258
1
EPS/USDT Update: Bullish Head and Shoulder. 800% recoveryEllipsis still has a hard time recovering after this huge pullback starting with its Binance listing. We give it another shot looking at the bullish Head and Shoulders. There is a small breakout below the 0.6 Fib which could be considered as a beartrap if we move higher. Our target still is 16$. It's a matter of time, so be patient. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ELong
by tumbler55
6
EPS/USDT Update: New support at 0.5 Fib level --> goes upwardsEllipsis started its recovery and was now pulled back from the midday overall pullback. Currently we found support at the 0.5 Fib level. If we can hold this level it suggests more upside movement. We still aim for 16$ so let's see and hodl. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ELong
by tumbler55
1
STRAX/BTC Update: Entry picked, H&S plays out, 50x incomingWe did get our entry shown by the box. The Head and Shoulders pattern plays out as well and we are likely to see upwards movement. STRAX did hold very well during this midday pullback which is another bullish sign. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
3
The Anatomy of a Parabolic TrendIn this educational idea I will explain the characteristics of a Curved Parabolic Trend using the chart of BNB:USDT (Binance Coin: US Dollar Token). ----------------------------------------------------------------------- What is a parabolic curve in a uptrend? The parabolic curve chart pattern is one of the strongest uptrend patterns a financial asset can have. This type of pattern moves upwards at the fastest and furthest rate of any chart pattern. Each retracement or consolidation is quickly bought up by eager investors as more and more money flows into the market due to excitement. The parabolic curve is named after the parabola, because the ascending curving trend line used to identify the potential support area looks like a parabola: en.wikipedia.org In a Bullish Market Parabolic Trends can often form the smaller timeframe trends making up larger timeframe swings. This pattern creates short term price range bases which are Reaccumulation Phases as described below. These accumulation ranges can form multiple times as it the price keeps going higher. The price action pattern that creates the parabolic curve looks like a staircase. This pattern can last for weeks or months. The maximum point of financial risk comes in at the end of the formation after the final movement is negated and the price fails to hold the obvious Curved Structure. This usually ends in a price plunge that falls even faster than the price rose initially. These patterns generally occur on financial assets that are market leaders or up and coming and emerging technologies or products in its sector. One important thing to note when identifying a Parabolic Trend is that the price may go much further then people anticipate leading to sellers rebuying their asset they sold initially due to "FOMO" Fear Of Missing Out, leading to the price to "Stair Step" higher and higher as more and more sellers are squeezed out of the Market, until eventually they regain control and the trend is lost. The key in trading a parabolic trend is to treat it like a investment, identifying the trend and buying early, capturing as much of the move to the upside as possible until the trend is finally over. ----------------------------------------------------------------------- If you found the idea insightful you can show you support by liking & commenting, Thank you! See idea linked below: "Market Cycles & Phases" to understand the topic of trend further.
Education
by Worth_The_Ri5k
2