LucasLima
Short

BTC Parabolic Pattern Analysis

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hey guys, I continue in my Bear mood since my last post( )

But Now I drew Parabolic curves throughout BTC's past performances.

* In the Technical analysis , the moment it breaks a parabolic movement, 40 to 80% dip is expected. *

As we can see, in its past, it has already happened a few times but is also good to notice that it has always come back up to a new ATH             .

Also, I would like to give special thanks to my mentor Peter L. Brandt (follow him on twitter)


Please trade safely
Don't forget to comment your ideas as well as suggestions for another currency analysis.

This is not financial advice

Feel free to join our Crypto Community @ discord:

Prime Trading Community
Discord
chat/exclusive trading signals/analysis/news
https://discord.gg/umuBP4Q
It's an interesting observation. We could consolidate for a months. Not denying that possibility.
Reply
LucasLima hosweetim89
@hosweetim89, I also thought that, as on this chart I expect to see 5800 as last support to continue this bulltrend, if it breaks beartrend starts and we would go all the way down to 1800
Reply
iI not believe in this break of 50% at 70%. The exchanges support is global.
Reply
@hto, I also thought that, but FUD is dominating the market + wall street contracts. we are about to see 5800. Thanks for the comment tho, appreciated it
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out