I've been seeing a lot of signs of a trend reversal with both BINANCE:NEOBTC and BINANCE:GASBTC . As is shown in the comparison, they largely follow each other, with BINANCE:GASBTC being more sensitive to a reversal than BINANCE:NEOBTC . In the short-term, we've exited our ascending channel as both trends flattened out. I'm not ready to exit my positions...
Idea: Possible last dip before end of current short term bear trend. Will bounce at relevant (slightly lower) fib line or resistance level. :-) Comments?
Idea from Peter Brandt, the Bitcoin -1.05% (BTC/XBT) is rising in parabolic function, so i try to use the sinus function and fit the parabolic gradient to the chart. Maybe this Experiment works, otherwise i have hopefully found a way to save my chart´s in public without to must buy the Pro Version of Tradingview. @Tradingview Creator, maybe it is possible to sell...
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...
Short<4.36 after test of the resistence Stop - 4.61 Target - 3.62