Remember my first "Bigger picture of where BTC is goin" which I posted on TV? (I posted these even before I had TV) I decided to post yet another one today. This is my dose of for the price prediction and when I start being fully bullish on BTC on my trades (Also when I start to TP my long term investment portfolio): * Since BTC is maturing from halving to...
And The Ascending Broadening Wedge The objective is 183 the fibo 0.618. Here we go before bullrun
What is Parabolic Move? In purely mathematical terms, a parabolic move is an exponential rise. Parabolic Curve chart patterns are generated when steep rise in prices are caused by irrational buying and intense speculation. Parabolic curve patterns are rare but they are reliable and are generated in mega bull trends. These patterns trend gradually making higher...
As you can see on the chart Bitcoin has been in a monthly parabolic curve since 2013. This months candle is testing the trend and the close will tell are we going up or finally break the six year curve. Let me know your thoughts!
My chart is kind of a mess, but i did over 4 hour of TA so i thought i might as well give you guys a peek, here's the rundown of my analysis. First pitchfork its based off the monthly candles, in return they don't correspond to areas that intersect with candles, based on the daily chart. Second Pitchfork Corresponds to the bottom of the first PF, as well as...
First off, I'd like to shout out a fellow trading view analyst @filbfilb who predicted with high accuracy a $20,000 top and a regression to the mean of $3,000 in December of 2017 by using a similar style chart of analyzing a parabolic curve on Bitcoin. I'm taking his concept and applying it to the current trend and 2019. There are so many macroeconomic events...