ONCOLIX, INC., SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS, ADVANCED MICRO DEVICES INC, GENERAL ELECTRIC CO, ISHARES TRUST MSCI EMERGING MARKETS FUND, BANK OF AMERICA CORPORATION
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
So, instead of 50, 100, 200, try 34, 89, 144 as your SMA targets. There's a lot of insight for the long-term investor here. See if you can spot them in this chart.
The point of this chart idea is to assess whether the bull-cycle parabolas resume from a tangent taken off the long-term trend. The volume profile seems to be the story here, and the second week of November is the test for whether this story holds water. Let's see.
This is just a study. I am imagining the bear market recovery as a series of adjustments with flatter linear trend lines. The path through the bear market is therefore the convex hull of these periodic adjustments.
The introduction of institutional investing through the futures market has created a new paradigm for the growth path in bitcoin's prices. The channel in green shows the likely long-term trajectory. Now that there is a little more volume in trading, perhaps there is a little more confidence that we revert to this channel.
Is there a longer-term parabolic trend in bitcoin? If so, we ought to be able to see some evidence for a series of tangents that can inform the construction of an concave-upwards parabola. This chart uses the regression lines to construct those tangents, and incorporates the recent price correction by way of a tangent line that serves to flatten the implied parabola.