I thought I would update my #swissborg chart that I posted 3 weeks ago... Everything is going along swimmingly! In healthy profits here.
I originally had my parabolic curve too close to the steps so I have moved it out a little as the lines we draw are only meant for basic reference.
If this is a parabolic step curve like it is playing out then we have 1 , maybe 2 more steps, regardless of the price it reaches... Please keep this in mind!
Don't trade with debt, only what you can afford and take profits!
I also do not underestand well, not so familliar in TA, what the arrows mean, what you mean with next 1-2 steps? Now it seems to be parabolic (exponencial), I think that the graph doesn say that it seems to change to linear or decline. But no one knows the future. For now 03/11 the trend remains exponencial for me.
SookiriBatilla
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Do you have a new TA on this or we are going to stick to the current ? Now that BTC is going for different path .
AndreAmaral
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Where do you see the support, now that it has broken down the parabolic line?
Free_Alfalfa
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@AndreAmaral, I have only sold 10% of my original play on CHSBUSD so far to date... You will know if there is a blow-off-top, big losses. I'm still riding Swissborg into the $5 area
SPBUkAus
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And then what?
Back down?
Free_Alfalfa
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@SPBUkAus, well my friend, it take the same steps down to a price that reaches an overall equilibrium with what people are willing to buy it at and what people are willing to sell it at