This is a big call. The median parabolic curve is a big draw for critical price path and discovery, furthermore the upper and lower both having a few testings. The more testing and we see the better. Any breaks to the lower line bull run over. But so far we have precise indication and obedience. Fear money running to Dash, from BTC. Just check both charts, clear...
anyone else saw this?
Made a small correction to the curve from Take 2 () Added the Potential Bull Run targets for the overlay. ()
Thanks to fingerex (www.tradingview.com), he noted I got one point wrong and it all makes much more sense now. Heinzz (www.tradingview.com) also asked "Can you make another chart projecting the parabolic channel into the future to where they meet?" - So I've extended the lines to show just that.
You can find Peter's post here: twitter.com I've recreated it almost perfectly I believe. Just thought I'd share. I like the comments made in the Twitter thread: @cyberamine12 - "What happens when the lines meet?" @PeterLBrandt - "Bull market is over or market blows through the top in a final display of fireworks." Also of note: @ChanikPark79 - "Is it possible...
Are we perhaps looking at one of the greatest corrections in history? If this parabolic pattern carries out, we may be looking at a monstrous retracement of somewhere between 80% to 97%. We are far overdue on our correction, with both a bigger elliott wave soon closing out, with a smaller elliott wave within that wave, and now with the parabolic pattern on the...
BITCOIN:BTCUSD One Chart of the Parabolic Baby At the moment it's found support just above the supports shown on left hand chart and trying to fly higher - it needs to take out 7500 now to stay positive... if we see it falter and fail just above or just below 7500 then we have the first sign that a turn might be approaching fast...next sign would be a breaking...
Is Bitcoin (BTCUSD) about to go parabolic and reach a new ATH of $6234.13 on 2017-07-07 on BitStamp. (Circular Geometry) When I centered a Fib. Arc on the low $42.58 of 2013-04-10 to the high $259.34 of 2013-04-08, the 4.236 Fib Circle circumference touches the 2013-11-30 high of $1163. I felt that this touch was no coincidence and must have significance, can...
COINBASE:BTCUSD When this breaks it will be swift and likely %50 from topping price, too early but watching for the chink in the armor!
Bitcoin has been increasing at an exponential rate all year. Has one more increase in magnitude before topping around Oct 9 @ $10k. Expect a massive correction and bear market to kick in after high around Oct 9. Chart is logarithmic so those increase in bull trend angles are actually parabolic, if it picks up the new angle the move will be massive.
Both of the major Bitcoin 'bubbles' we went through in 2013 showed parabolic growth when viewed on logarithmic scales. Most probably think we are in a bubble now, and surely we are, but how far into it are we? Was 4500 the ceiling? The big difference between 2013 and now—as you see here on this log-scaled chart of BTC's entire history—is that we have clearly not...
Do you remember when $BTC hit 3K? Any parabolic move comes with a nasty correction/crash. I see this testing the trusty support near the 3250's in a few days.
as I am reading about AI and how so many illustrious minds are speaking about the potential dangers related to AI I then look up NVDA and its chart and it is quite impressive to say the least stock-wise and price-wise... F. Normandeau
This is one very interesting. New all time highs consistently every week the past few weeks and price is in the middle of a parabolic phase. We have no idea truthfully where price can go as we have never seen price at these levels, so the next best thing is to use Fib levels to 'guage' where price can go. We have a wild card prediction on this one as well which...