EGLD could very well be doing a parabolic curve in the 4h range. This is another way of seeing it, within an ascending channel, with the corresponding FIB extensions drawed from the lows of October.
This could be a FOMO, or could be not. We could also have some bumps in the way, but Santa is around the corner, I can feel it!
Target: 119$ (+90%)
The parabolic curve chart pattern is one of the strongest uptrend patterns a price can have. This type of pattern goes up the farthest and the fastest as it is under the strongest accumulation and every small pullback is bought by eager traders and investor.The parabolic curve is named after the parabola, because the ascending curving trend line used to identify...
1) Parabolic downtrend curves usually ends with a sharp rebound.
2) Price to book ratio (1.11) is at the lowest level of at least 12 years.
3) Gap at 39
4) 39 is the long-term (since 2018) horizental support/resistance level.
Price target = 39
Parabolic arc chart patterns form when there is a steep rise in prices caused by irrational buying and intense speculation. Parabolic arc patterns are rare, but they are reliable and are generated in mega-bull trends.
These patterns trend gradually making higher highs and lower lows in the beginning stages but can be volatile in the exhaustion and reversal...
These are runs for Mastercard and Microsoft
Both of them are massive parabolas
During times of intense bull markets, price has to pull back occasionally and this is what we get.
These pause are often sharp/rounded and quick down moves followed by a quick reversal
It is very surprising how far these parabolic structures can grow
Monthly and Weekly timeframe...
BINANCE:CELRUSDT
The parabolic curve chart pattern is one of the strongest uptrend patterns. This type of pattern goes up the farthest and the fastest as it is under the strongest accumulation and every small pullback is bought by eager traders and investors.
A comparison between Bank of America and BTC
Both experience similar price action (BTC is log, BAC is normal chart)
Yet you can see on both the action at the top of the bull move
A peak is attained and then quickly rejected from
Hello everyone ,
My eyes on Atom from a long while , In my recent idea I've mentioned about the falling wedge , bull flag and inverted head and shoulder but due to rising BTC dominance Target fail to reach but the good is that our stop loss doesn't hit , Moreover the trade active from my previous Idea is in profit .
According the current Scenario , Atom is going...
This is basically a reminder-to-self of my Kucoin setups.
Idealogy's $IDEA coin is currently near bottom and sitting on a RB pattern primed for a potential 4.5x up, at least.
Movement should resemble Parabolic Curve Theory
This is basically a reminder-to-self to keep track of my Kucoin setups...
Carnomaly's $CARR coin is sitting on a RB- pattern for a potential 5x move up.
Currently very close to bottom and waiting for additional volume to come in.
Movement should be similar to Parabolic Curve Theory
This is basically a reminder-to-self to keep track of my Kucoin setups ever since I heavily transitioned to spot trading in Kucoin due to their higher volatility coins.
Internet Computer's $ICP coin is sitting on a 6x rounded bottom pattern, very likely to move according to Parabolic Curve Theory as it makes it's way up from it's bottomed price.
On the daily...
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Curve DAO has grown a lot after breaking out bullish, now approaching supply zone we expect some rejection up there.
Current Price= 2.303
Sell Entry = 2.349 - 2.435
Take Profit= 2.156 | 2.020 | 1.820
Stop Loss= 2.581
Risk/Reward= 1:1.25 | 1:1.97 | 1:2.7
Expected Profit= +19.74% | +31.1% | +47.82%
Possible Loss= -15.80%
Fib. Retracement= 0.236 | 0.382 |...
Going into 2021, we have seen a parabolic rally with unstoppable momentum, from 4k all the way to 64k ,
without any noticeable, if any, price reduction or stops along the way.
if history has proven something, it is that for every action there is a reaction.
As shown on the chart the parabolic advance curve is broken "plus a retest/rejection to boot".
In the last...
