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Parabolic

BTC is dog piling too quicklyBITSTAMP:BTCUSD Has moved parabolically from 20k to 40k in less than a month. This type of growth has been maintained with uncertainty in the United States over the dollar and montary policy and a strong Alpha for institutions. However, Bitcoin has entered a greedy euphoric stage of the market where participants are continuing to pour money into it pushing prices to extreme highs. It would be healthy for Bitcoin to come possibly consolidate between 38k-41k and prehaps retrace down to 29k when this huge run started only 5 days ago. With a high demand and limited supply, inflated prices make sense, but to what extent? Will buyers continue to look for limit sells sitting at 41k-45k-48k and higher? Or will profit taking finally take place at 40k?
BITSTAMP:BTCUSD
by crawfordpaul
BTC and the x.168 and Parabolic theoryHi All, (ref.B.chart) Not sure if this is crazy or way off but on the surface of it, it makes a case. In 2019 I experience the 14K run especially in the last day, it was crazy and to me it was a parabolic experience. A blow off top. While watch the rise, I saw orders in the millions where the whales battled it off. - 90 million dollar orders selling and buying, one against the other (have screen shots of it) - just my luck, I entered and soon after I saw this battle. Long story short, the one selling one that battle for that period. Moving on, the run up now is very similar and the shape of the structure is also similar, a fractal. Here you can compare. The other (an idea that just came to me) where I used the fib extension from the base to the top in 2019 was 10.618 extension In our case, the base is the 10k region today. Here if it breaks the top trend line, its a classically parabolic move, where it over extends and to return with a thump, and hence it can fall into the same scenario\domain like 2019, it will top at likely one of these x.618 extension, as per my chart. I remember someone on youtube telling this part so I didn't forget and hence in 2019, I used it to my advantage. Its a theory as to what the top will be, but if it does something similar to 2019, then we can be ready and have some idea on how to handle it. I recall looking at the 5 minute chart at the parabolic top stage and it was clear where to sell. I did great, almost sold at the top and missed it by a few hundred dollars. Sad part is, I lost most of the profit at the 10k to 14K range, trading it. I later learnt from Peter B that he never trades after the top as its designed to take your money off your hands, so be smart and careful, unless your a seasoned trader. All the best, and here are the fractal screenshots. Regards, S.SAri Now 2019
by ssari
5
EDUCATION: Parabolic Growth PatternHello, dear subscribers! Today's topic is parabolic growth pattern (PGP). This pattern can be applied for the current BTC price analysis. What is the parabolic growth pattern? This is a price growth pattern which is formed by the sequence of the bases and price pumps. The base is the price consolidation period after the price growth period. How to draw it? The main rule for PGP formation is that the parabola have to touch at least two points from the different bases. You can use arc to apply it on the chart. How to analyze with PGP? You can obtain some useful information for the price movement analysis when two bases have already formed and the third base formation is in progress. The main feature of PGP is that when the base 3 is completed the massive growth with a high probability there will be. This growth can be equal to the price change from the beginning of the formation of the parabola, but this growth is much more rapid. After the last huge price move we should wait the pullback to the base 3 level. This pullback can be sharp or smooth but it is inevitable.
Education
by Skyrexio
1
Binance Coin (BNB) - About to go Parabolic?Hello guys, my third analysis here, and I expect really good profits from BNB! My theory is that by seeing BTC correcting a little bit, alt seasons are just starting, and people will be wanting to hold good coins, and BNB is one of them due to this utility. As you can see on the chart, a Cup & Handle is just about to be formed, which means that when it reaches the upper line, it will go parabolic! So keep your eyes close and don't miss this chance!
Short
by TheMightyStark
3
LTCUSD Litecoin about to TAKE OFF!!Looking at the monthly chart, we can clearly see the two strong bottom formations creating higher lows. This is a monthly chart and has been in a downtrend since 2017. A close above the $130 level by 2021 would indicate a beautiful pattern that should take us up to test the all time highs. Volume is already picking up in the last 2 months as you can see illustrated. This is not a pump and dump play, so don't expect instant rewards. This is one to sit back and relax and ride it up. Good luck!!!!!!
COINBASE:LTCUSDLong
by hayb95
3
BITCOIN: What's driving it? Is 30,000 in sight?In this video I show my theory on what's probably happening with BTCUSD. It appears that Bitcoin is being used to hedge against the US Dollar crashing. $22,000 is certain in sight and who knows it could get to $30,000 sooner than anyone might imagine. I still think that BTC is too volatile for my liking and therefore I've stayed out. I've been happy to avoid FOMO. I've lost nothing. I think that many will profit from a possible further charge north. But there is also still a risk that it BTC could reverse significantly. Best wishes for the Christmas period 🎅and have a Happy Prosperous New Year. 🥂🎁
BITSTAMP:BTCUSDEducation
by Captain_Walker
29
PLTR – is the party over?? whats next ?From 10$ to 33.49$ in 22 days - why ? I think its called … FOMO! Company has big contracts with the Gov and feds, ok we know but those contracts are NOT new .. and earnings are about 9 cents a share .. 9 cents a share. Ok lets cover company basics first to make sure we understand what all the noise is about Palantir is a data analytics platform with one major distinction from the rest – it includes everything meaning the software is front end, back end, data base and server. It has 2 main products : Gotham : used mainly by the government in the intelligence sector and its main purpose is to identify patterns in the data and serve it to the end user. Foundry : Central operating system for integration of data from several platforms to one main one, and enables the end user to reach a much faster analytics point. It is used mainly in the commercial sector. The company currently has 131 customers which are about 50% growth in one year which is impressive. The business model is to acquire new clients based on “free trail” period which is costing the company loses and slowing their growth, but once the client is in -Palantir software takes over the whole process and keeps expanding with apps, software and other add on that increase the profit margin -but this is a very slow and long process, unlike Splunk or other data and analytics software. So back to my point - is the stock worth 30+$ ? NO its not even worth 25$, we are just seeing a severe case of market FOMO (prob has to do with the 20 mil new robin hood traders joining in 2020 – welcome guys😊), so we must stay alert because we just had the second corrective wave to 21 (62% drop from H/H), and I presume the stock will rally once more and this will all tumble down like a house of cards – stocks are valued by profits, EPS, expansion, innovation or being a company that is one step ahead and until I get a clear sign of one of those + growth from PLTR I will take the profits we made on it so far and wait for the storm to pass Technical: 208% rise in 22 days of trading ,highest high is about 33.5$ and lowest point of the correction is 21$, the blue square(below graph) is showing us that we are between the 618 to 50 line in a bit of renewed convergence. stock finished its 4th wave -the correction wave and we are going into the fifth wave and the final one - after that we will have some brutal correction days ahead, its important to note I put the 5th wave lower than the 3rd one which is not reasonable but because the 3rd wave was so massive I have hard time to believe the 5th wave will cross the 33$ in the upcoming month or two. THE BOTTOM LINE : after saying some negatives on the company the technical show us a preparation for a second rally (fifth stage of the impulse wave) that will probably reach the 30 line but this time it will be a bit healthier as the stock retraced and rested. After that we will have a lot of retracement – volatility at its finest – BE CAREFULL! Happy Xmas and trade safe! Closer look (1H chart):
PLong
by FDGT_academy
5