Bitcoin daily chart. The bubble has been playing out since the first trading day of 2021. Less of a *pop* as a wheezy leak. Deflating nevertheless. Please read notes on chart.
Chinese government will own a part of Alibabas business, goverment scrunity continues, JD.COM is favored (Cathie Wood also bets like this). Alibaba did not complie, and will not complie to SEC rules, probably it will be excluded from NYSE in the upcoming years, ------------------------------ THIS IS NOT A FINANCIAL ADVICE
Before we had the same curve channel for Btc ATH now its probably going through the same pattern if it hits the top of the channel it can reach 51.5K we can expect a pullback to 50K what do you think?
The market is following a very large arc. As can be seen, the value of the market has become too heated and deviated from the trajectory.
First Cobalt just proved the validity of the arc with a nice bounce out of a bullish pennant. We could be looking at a quick 3 bagger here.
The fun side of the arc in the junior miners is currently playing out. At the moment, we reside at the edge of the arc, which presents a very low risk high reward entry. Completion of the arc would indicate a gain of around 250% + overshoot, in an 18 months timeframe.
Ideas are in the video - sorry, LazyBear 😂, "Volume Accumulation Percentage Indicator" was the name I couldn't recall in the video. All three that were used in this chart are solid though. By far in my top 8 or so indicators to use in, basically any time-frame above 15 minutes. Please feel free to share your thoughts, feelings, possibly concerns - keep the secrets...
I'll be able to see nice arc for JST, so we're going to have approximately 155% rise after breakout above of its down trend.
Deliveroo is showing signs of strength, ive been accumulating all the way down as i like the stock and i like the business!! Never really used arcs in trading before (used it on an alt coin once and it worked, coincidence maybe?!) so itll be interesting to see how this plays out, usually stick to price action and Fibs but anyways!!! Trade safe people... not...
Over next several days to week or more it appears we are forming a parabolic arc up to possible test high and false break then bust to new all time high.