Bitcoin is currently going parabolic. My next price target is 36k. It could go further, but I think 36k will be the top.
Parabolic moves are typically followed by an 80 percent correction (roughly). If Bitcoin pulls back 80 percent from bottom (10k) to top (36k), that would mean Bitcoin corrects to 15k. This is a rough estimate. It may not correct that far.
Thanks
Parabolic moves are typically followed by an 80 percent correction (roughly). If Bitcoin pulls back 80 percent from bottom (10k) to top (36k), that would mean Bitcoin corrects to 15k. This is a rough estimate. It may not correct that far.
Thanks
Trade active:
Forming a bull pennant on hourly chart
Trade active:
ETH is also on a tear rn
Trade active:
The parabola is your friend, until it ends
Trade closed: stop reached:
Closed half at 29,000