There's similar ones out there to this. I changed the commonly used 100 to 128 since I've found it more in tune with BTCUSD I also have the colors: Gray for the 20 MA Blue for the 50 Lime for the 128 Red for the 200 Stock is SMA, If you prefer to use Exponential you can check the box in the settings ...I more often use the SMA
It's remarkable how parabolic Adobe is. How long can this keep going on? Is a correction in store? Or can Adobe keep flying to the moon?
My last post (I'll link) looked at why our recent correction will reverse back bullish, and this post looks more-so at where we will head over the next few months! I chose not to include the Elliot wave formation for the sake of keeping the chart looking simple.
I aint no trader, I'm just taking mushrooms and I see fractals everywhere. #makethisviral
This code works better in 1 hour for crypto currencies like BTC or LTC. It seems to beat the market. Feedback or improvement are welcome.
Hello everyone! Here is a crazy idea. Here I present a logarithmic chart of Etherum ( ETHUSD 0.65% ) with a 2-year parallel growth channel. This potentially suggests that by the end of the year we could see the price of ETH being between $5,000 and $60,000 USD. I am personally confident that the price will be nearly $5,000 and this chart supports that...
The bulls need a breather after that exciting run and have been stopped at least temporsrily in their tracks when the 200 EMA(in orange) closed the gate on them....Now that the bulls have had a taste, their hunger is probably running wild and they may very well be able to burst through the 200EMA gate and just above it the 200 SMA wall as well when they retest...
For beginners like myself, understanding the basics. EMA - exponential moving average or simply weighted moving average (most recent first), a very good detailed explanation with examples www.investopedia.com MACD - Moving Average Convergence Divergence, details www.investopedia.com I am using EMA(9,50,100) EMA9, EMA50 and EMA100 simply means weighted moving...
Target may be a little over the top, but i would say 1500+ is a safe bet for the next days (tommorow ?), huge bullish run incoming, may not break the ATH tho IMO (Yet)
Now we are talking !! Take that !! 70 dollars by the 19th !! Unless it goes mental on us ! Best of luck !!
The original chart contained a donation address in violation of house rules and the chart is now invisible to the public. I will post updated screenshots below. If this is your first time on this chart, this was a forecast from Feb 2017 back when Bitcoin was in the $800's. The blue and yellow lines have held up amazingly well over the course of the year.
It's funny to see the reaction of people, staring in total disbelief at the prices. Why? Because they do not think in exponential terms. The human brain is just used to think in linear terms, exponential rises take a lot getting used to. But bitcoin? It was rising exponentially for a while, and now it entered over-exponential territory. This means that in the...
As BTC price is currently exponential I believe that using curves is more accurate. So I combined both curves and lines following the main tops & dips of 2017. We get a price prediction of +$20,000 / BTC for february 2018. Feel free to share constructive comments below. Happy trading / hodling.
The idea is that Bitcoin will rise exponentially, while having constant pullbacks that shall get stronger and stronger, too.
Anyone remember the btc rally 2013? Interestingly, this rally resembles a lot the behavior of btc from back in 2013. The runup back then was basically from 10 to 266. This is pretty comparable to this years low at 800, to maybe 20K. However, the timescales are now much larger than back then, because more people are involved now, so you can imagine it like a...
Now the real insane phase of this current growth cycle is starting. I do not like the term bubble, since btc is not a bubble. It is a network, and a network can be priced. According to metcalfes law, we are actually not very overpriced. The value of a network is derived from the number of users and how often it is used. Bitcoin has a current metcalfe price of...
Good evening dear followers, Tonight I provide you my favourite investment for the coming week(s), namely; Counterparty . With the growth of the whole altcoin scene it is inevitable to predict growth in specific altcoins, though I still try to stay rational and seek for undervalued beauties. In this case we stumble upon Counterparty. As to be seen in the chart,...
If you where not on the ride with us, check out the chart and trade here: Here we are, back in the reality where markets don't grow to the moon...or do they? Below the blue centerline, there is some more to pick up (...thinks the guy who want to buy big). Therefore, price will probably go south some more points, before it finds support neart the white/blue up...