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Parabolic

Monaco (MCO) Technical Analysis. Downtrend Coming to an End?Beautiful cards and a cheaper way of exchanging currencies, BINANCE:MCOBTC is a mid-cap coin attempting to change the way we think about commerce. I'm long-term bullish about this coin but am looking at some short-term TA to see if its time to get out and wait for a buy-in point or just stick with the coin that I have now. As with many of my TAs, I see a few positive indicators: Established downward-trending channel with several tests in the past few weeks Flattening parabolic line that indicates a potential reversal ahead Oversold RSI indicators showing in the middle of the channel instead of at the bottom It looks like the bears are getting tired of selling and are losing momentum. Now that we have the weak money out, I think it's time we see a BINANCE:MCOBTC rally! Note that we are still within our downward channel, but I do see evidence that suggests that we're about to exit our channel and flatten/reverse direction. I'd like to hear your thoughts on BINANCE:MCOBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
MLong
by dsgorthy
3
Potential Long Entry - BTC bouncing on the 0.236 fibWe're currently about to touch on the 0.236 fib line with what seems to potentially be the end of a short parabolic bearish trend that began on the 17th of December (orange), with RSI also indicating that BTC is currently oversold, meaning a rally is likely - The overall long term parabolic bull trend is still intact (purple) - BTC dropping into a nice little buy area, may be a good opportunity to fill your boots in preparation for the next bull run. Keep it simple, don't go overboard with indicators, don't sell the dip, don't feed the bears. The best time to buy is when there's blood in the streets, BTFD!
Long
by Aeonxiii
1
I have found a frightening double parabolic pattern in BTC !After I showed you the probable long retracement move BTC is possibly going to make with the cup and handle I showed you... I noticed a lot of points have a pattern in a parabolic movement ! If you connect all the lows BTC made in the correction, you can see a pattern made... As well as with the pull backs from those lows... where a bottom support line is made... 'parabolically' ! It's always a subjective view, but I found this quite interesting to share...
BITSTAMP:BTCUSD
by Wolverinos
11
Bitcoin noisy short term mess, STAY OBJECTIVEBitcoin is under a lot of FUD for some time now. Some journalists write article in popular journals / blog / social platforms to demonize it, but they do not understand it, nor did research about it. They simply report what they have been briefly told, what the popular opinion (sentiment shifted bearish past weeks) agrees with. Regulators are disrupted, they seek solution, which is bullish or bearish depending on one's interpretation. People are uncertain in general. Alot did not do researches and bought the top without learning about the tech. Now they have lost money and are exiting the markets in anger. Long term price, I strongly believe, is going up, short term these dips are sentiment driven and unpredictable. Past few years price have reversed around these times, it's still likely that a bottom is in IMO. See here: gyazo.com Bottom was, for past years, between January 15 and 20. So I am well open to the possibility that we have seen the bottom at 9k on january 17. I don't have a crystal ball, I'm just open to every possible scenario. Short term we could get fucked or we could be on the verge of the next bullish parabolic wave, have no idea. I'm holding, and getting ready to buy more bitcoins if we hit 7.5k. Be prepared to every possibility, stay safe fam, good success!
BITFINEX:BTCUSD
by julesistrading
7
TRON 400-700% RETURN GAINS NEXT FEW DAYS, AS MENTIONED BEFORE.BINANCE:TRXBTC with all the fake news fabricated through American news media i.e. CNBC, FOX AND MORE. the news was discovered to be false. increasing the trust in crypto once gain, after news has been removed from the mainstream tube. partnership news starts to get released as soon as the storm is over, now on a clear path to a full 400% break out as stated before. these numbers may see incredible but anything is possible in crypto. this signal was given days ago on my channel. god bless and thank you for following me.
Long
by sociopath
7
BTCUSD - Parabolic Move and What Comes NextWe can see that the wick touched the 0.786 retracement level which is in confluence of 20 period moving average. But then the candle went back up again and is sitting pretty above fibonacci retracement level 0.618. If it closes below the 0.618 level, see you in 8k. If we close the weekly candle like this, parabolic is still intact and we can easily see 25k in the next few weeks. Apparently, the recent dip was caused by the BTC Futures contracts expiring that's why there has been a sell off. BUT What I'm really worried about is the MACD. It's so steep and it's on the verge of diverging into bearish territory. At this point, traders must be cautious and set tight stop loss. RSI must not go below support which is 54, otherwise, parabolic ends and that's where doomsday begins. Good luck!
BITMEX:BTCUSD.P
by thebumtrader
Parabolic trend on logarithmic scale and Jan Dump 2018Starting with 2014 on the logarithmic chart we can see the cycles BTC had from DUMP to DUMP. The cycle is getting shorter starting with March 2017. If we measure from the starting of the movement till the bottom we see that at the moment the drop is ~41%. Although the last drops were around ~32.9% average this time we surpassed this with ease, but still we are not near the drop levels we can see in August - September 2015 - 46.75% or January 2015 - 45.24%. We could actually see another mini drop here. I believe this time the fall was accentuated by more FUD than usual and also by the euphoria in Q3 and Q4 that pushed bitcoin higher than it was needed. Bitcoin and Crypto are becoming mainstream, this means more click bait and less good information that you can base your decisions on. Yesterday was like the pinnacle of this. Also when a glimpse of hope appeared wave 2 of bad news appeared. Bitconect fall. Some of us understand that it was a ponzi since the beginning but a lot of uneducated people are losing faith fast in crypto because them, or their friends, lost their money in the Bitconnect fiasco. I believe last night CNBC was actually recommending Tether as a good investment. You can say what you want about Tethers. I believe they are beautifully ugly but they come and will come to save the day until parts of this ecosystem or all of it will be regulated and mass adoption will be here. Everybody should freak out if tether.to is raided and closed. We will probably see a 60-70% drop in 30 minutes or 1 hour. More will follow and as the market goes through it’s almost natural cycle more news well synchronize with it’s BHLD Pattern. Peter Brandt has a great chart on this pattern twitter.com We need less scams, more good UX and technology to make this fly more securely. Also every time you feel this technology is a bubble, never forget Facebook is worth 518 billions :)
BITFINEX:BTCUSD
by drive23
1
Bitcoin parabolic reboundBitcoin is under a lot of FUD, panic selling from noobs who did not study the tech and FOMO'ed in. The dip is strong, the sentiment is bearish. Remember, sentiment turns even faster then price. Big bankers and government use those dips to their advantage: they attack bitcoin, making it hard on uninformed brains. The tech is robust. It's here to stay! go back to last years, this period of the year is historically the worst. See here in perspective: gyazo.com Parabolic support is strong. It is highely unlikely that it breaks. Interest for crypto and blockchain has never been that high. As people realise what the tech is capable of, bitcoin will be sitting on new all time highs, as solid as ever! Use your time wisely: study the tech, understand it, understand alternative use cases: you will have strong hands among the strongest ones. Stay safe fam, BTFD!
BITMEX:BTCUSD.PLong
by julesistrading
1
I'm just here for the parabolas.Im pretty grossed out by what this market has become lately. Everything is so stupid, everybody is talking about it, Kodak has a scam miner, companies add blockchain to their name and it pumps, KFC has bitcoin buckets. I watched my friends and others disregard my interest and do no research from 200$ to 10k$ and then start throwing money at it, having still done no research, when it hit 15k. The idea that they get to be rewarded for that is why I am very skeptical of an immediate bullish continuation. I am open to it of course but all of this parabolic talk seems like the kind of thing I've been expecting to have to contend with at an actual top. I've expected complacency to come with the most bullish expectations to date, (straight to 100K!). Parabolic, just like Amazon, unprecedented network will have unprecedented behaviors and unprecedented access to the world. Well there actually is a precedent worth noting, it happened in April 2013. But this is a different market now! Maybe... I guess we'll find out and this chart can serve as a measure of just how different the market is now. We're all gonna be rich!........................... The proportions are very similar relative to the main upper trendline, both as an extension for the trendline break and as a fib measurement of the whole move. Had I been paying better attention to this chart I might have gotten a better exit than I did. Been watching it for a long time. I bailed at 16k and fumbled some coins around in the chop for a while but I've booked my gains for this rally. I'm open to this going higher here but that would mean I have to take the same investment position as people who have no idea what this shit even is. Here is a zoomed out version: I put neutral because I honestly don't know or want to act like I do. I just know that bitcoin punishes hard.
BITSTAMP:BTCUSD
by Jopendus
3
EOS long - parabolic channel - spittled in two with support I believe there are two scenarios, either it stays for another two days in the upper part of the channel or falls slowly trough fibonacci levels till the second support. It can touch the lower purple bottom channel just in case of another big FUD - exchange related, political or bitcoin/ethereum FUDs. Really noob at charting and lets say TA. Any mistake you see, opinion or idea is appreciated as I could improve my skills.
BITFINEX:EOSUSDLong
by drive23
1
LTC $695 - Parabolic Break Out - Last Chance For Discount PricesLTC has formed the strongest and most assured breakout pattern - the Parabolic Breakout and Symmetrical Triangle - with a breakout target of $600. This parabolic breakout pattern represents some of the largest gains possible. A successful breakout is almost guaranteed - failure is rare and most often occurs between 50% and 75% into the contracting wedge. According to Elliot Wave Theory we should see a bullish upward breakout with this pattern Its been a long bumpy ride but at this point the weak holders are finishing up selling and, we have gathered the accumulation and interest for the next leg. Dip buyers will rush to the market while the price is cheap and there should be a massive increase in volume on the breakout. We will be looking for a drop in volume and will be guided by the moving averages. Dip buyers can get start getting now while the price is cheap. Breakout buyers can wait for confirmation by verifying volume or a price spike (say 3%) after breaking the upper resistance line which is currently trending downward from the upper 280s as the approach toward the apex nears. Break out target is set by measuring distance of the widest part of the triangle, which will different by exchange. Bit stamp had a high of 375 was which time the lower resistance line was 162 which gives a triangle height of 213 when added to the previous 375 high gives a target of 588. Coinbase/GDAX has a high of 420 at which time the lower resistance was around 145 giving a breakout target of 275 above the previous 420 high to a target of 695. More details on the pattern here: ibankcoin.com Details on picking a price target: stockcharts.com For LTC BTC tradders, a parabolic breakout pattern has formed as well but not as strong as this one but a substantial gain against BTC is expected.
BITSTAMP:LTCUSDLong
by alexhiggins732
9