DOTBTC BreakoutThere is a chance of DOTBTC breaking out through previous highs. We can observe higher lows creating a curve, which can be an indicator of a new trend.
Parabolic
Bubble Extension leads to The (real) BIG SHORT New Years 2025 !!After making whomever wins this year's upcoming US election appear as the greatest president, in terms in the stock marketer, of all time.
AMZN: Arithmetic and Logarithmic Charts ExplainedIn this post, I'll be shedding light on the difference between arithmetic and logarithmic scale charts, and how to best use both charts to your advantage.
Arithmetic Chart
- The chart on the left is a chart that uses the arithmetic scale
- This is the chart most common to us all, and one that's easiest for traders and investors to comprehend
- An arithmetic chart represents price on the y axis, using equidistant spacing between the prices
- This is demonstrated on the arithmetic scale above; the distance between 1 and 2, is the same as the distance between 8 and 9
- Arithmetic charts demonstrate absolute value
Logarithmic Chart
- The log chart on the right side has a different approach to interpreting price movement
- The y axis uses equidistant spacing between designated prices
- This is demonstrated on the logarithmic scale above; the distance between 1 and 2, is the same as the distance between 2 to 4, 4 to 8, and so on.
- The logarithmic chart demonstrates the percentage change in the underlying asset's price
Case Study: Amazon (AMZN)
- We can take a look at Amazon's arithmetic and logarithmic charts, dividing them by significant phases to better understand the differences
- We can first see that the area marked by 'extreme volatility' on the log chart, is much more drastically demonstrated than that of the arithmetic chart
- This is because price fluctuations in terms of percentages were drastic at the time, due to the Dot-com Bubble.
- For more information on the Dot-com bubble and today's stock bubble, you can check out my other analysis below:
- However, because in terms of the absolute value changes during the Dot-com bubble are minuscule compared to the price fluctuations today, the phase of extreme volatility is barely noticeable in the arithmetic chart
- In the period of a 'steady uptrend', we can see a clear and steady uptrend in the logarithmic chart, indicating that the stock moved up at a consistent pace, percentage-wise
- The arithmetic chart, while not drastic in the uptrend's degree, demonstrates parabolic momentum building up
- We then have the 'exponential growth' phase. Here, we see a move from $400 to $3,400 on the arithmetic scale.
- However, the logarithmic chart merely demonstrates a steady uptrend without much volatility.
- This is because while the absolute value of the stock has risen significantly over time, the percentage change in the rise was consistent.
Conclusion
While the arithmetic chart is more familiar for the average trader/investor, logarithmic charts help us clearly view long term data, especially when price points show immense volatility during the short term. As such, log charts can be effectively used in for technical analysis of cryptocurrencies, as well as volatile tech stocks with long price history. The understanding of the log chart is an effective tool, but it must be used with caution, since most people intuitively interpret a chart as an arithmetic one.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
$JKS JinkoSolar Overextended - Bearish Options Activity$JKS JinkoSolar Holding Co. - RSI and volume trending down after a huge parabolic runup recently. Expecting a near term retrace sub-$50.
Keep a close eye on the 20d ema line on the hourly chart. This has held up as support this entire run. A break below this line will confirm the downward move is underway.
Recent Bearish Options Activity:
15k $55.00 strike (OTM) 10/16 puts traded last Friday (7x OI) for $2.4M in premium.
Near term target: $44-$48 range
Bitcoin 50 Week SMA Higher than EVER!
I started publishing charts a year ago and all of my charts have stood the test of time. This makes me so happy!
I love charting Bitcoin's macro trajectory and will keep doing so for years to come!
Follow me for periodic insights you won't find anywhere else. I will point out things that NEED TO BE SEEN.
Peace, Love, & Crypto,
B166ER
BULLISH:
1. 50 Week SMA is HIGHEST EVER and BUILDING SUPPORT UPON IT!!!!!
2. Building support on symmetrical triangle
3. Building support on $10.5k
4. Above 10K for almost 70 consecutive days
5. Weekly RSI above and bouncing off 55
6. Still on exponential growth trajectory
7. We are post-halving
BEARISH:
1. Bearish weekly MACD cross
the chart speaks for itself bsv is bullish look at the bullish divergence and falling wedge. should out perform bitcoin either 2-5 times. If bitcoin reaches 14k and rises 40 percent we could see 240 percent increase in bsvusd
Yall think this is possible!!!?Leave comments down below if you think bsv will have another pump and dump cycle leaving 400% gains.
ETH just looks bullish to meNot going to lie, but ETH looks kind of bullish right now. Parabola continues to act as support and what is more interesting is that we are getting 21 and 55 EMAs contractions on the daily. Similarly to the end of August, those EMAs are rather going parallel now, which was exactly the case when the price took off last time. Now, the price need to reclaim 21 EMA with several closes above it.
TSLA Tesla Long this week If tesla holds this rising channel 505 target end of this week. falling out of rising channel would nullify
Tesla UpdateSituation
After the last analysis, we pumped from 0.618fib.
Right now we have already pumped by 20%+ and if you don't have a position, you are probably wondering what to do.
Trade
If you longed at around $360-$370, there is no worry. You can probably take some profits and hold until $550+
If you have an early short, you may be in serious trouble. We are only bearish, if the green trendline around $360 will break.
If you want to enter a long, wait for about $400, that's the best entry from a RR perspective.
Gold Short ShortGold has been respecting the downward trendline as shown making lower highs overtime.
Gold is likely to fall to the demand zone of $1919/troy oz before going to all time highs as we get closer to the U.S presidential elections.
Do follow me for more trading ideas (:
BITCOIN - THE LAST BULL STANDINGDear Traders and Hopeaholics alike,
as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) I gave you this chart...
Right now AGAIN they are going to be reading this post and shouting HA HA HA HA HA everywhere I go. But as the President and Founder of HOPEAHOLICS ANONYMOUS, don't let me be the one to have the last laugh...again... ALL THE WAY TO THE CRYPTO BANK!!!
If you are in the industry (Crypto one that is) like me, you know that CRYPTO BITCOIN offers HOPE, it offers the possibility of a more secure and transparent future of money, one that is fully traceable, one that allows you to hold and secure it yourself without relying on a third party that may or may not be there in the future. IT ENABLES FULL CONTROL OF YOUR MONEY!
THE TECHNICAL STUFF
PARABOLIC CURVE - STEP-LIKE FORMATION
At the end of the 'X' symbol, as shown on the chart, bitcoin could double in price in the shortest period of time.
In ELLIOTT WAVE THEORY - we are currently in WAVE 2 - heading into WAVE 3.
Wave 3: In Elliott Wave Theory, wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity (not crypto) markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to “get in on a pullback” will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three’s midpoint, “the crowd” will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1
Wave 3 rally picks up steam and takes the top of Wave 1. As soon as the Wave 1 high is exceeded, the stops are taken out. Depending on the number of stops, gaps are left open. Gaps are a good indication of a Wave 3 in progress. After taking the stops out, the Wave 3 rally has caught the attention of traders.
**********************************************
NOW ASK YOURSELF THIS - IS THIS SATIRE OR ENTIRELY POSSIBLE?
I'll let you make that decision for yourself, as you are pushing the buttons. BUT let me tell you this... at HOPEAHOLICS ANONYMOUS and in my world... ANYTHING IS POSSIBLE!!!
SHOOT FOR THE MOON - EVEN IF YOU MISS YOU'LL LAND AMONG THE STARS!
**********************************************
If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED!
And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
NIO - went Parabolic! TSLA wannabe? After hitting hi @ 16.44 on 13 July, NIO went into a 6 wk+ consolidation cummulating into a Cup & Handle Pattern. It finally broke strongly above the C&H neckline yesterday on strong volume.
Congrats if you had caught this break up and while it is expected to have a near term C&H target of around 20.50-21.00. It is likely to be able move a lot higher eventually (however, catching a larger move would require more wiggle room hence we would probably need to give it a wider stop).
Let's see how high it could (eventually) go.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
MFTBNB Good curve on weekly charts.
MFTBNB has developed nice curve on weekly charts with good volume and can expect .0004743 is next resistance
high chance of reaching by end of year.
$AMD PT $91-$93 then to $100AMD is that darling that continues taking share from Intel. We have formed a bull pennant with an inside CH. Appears friday we hit the top of the handle. We need to break that $84-81 range to get continuation to my $93 target. This will then get picked up once again by robinhooders and should propel it beyond $100. My top price (which is insane) is $111 which ends up being exactly the 2.618 Fib extension level. Be ready!! the NVDA drive should start waking people up for AMD. Tread lightly though as i am anticipating a pullback in the market either this week or next.
BRACE! TESLA: may correct soon. Pure greed has driven TESLA to ridiculous heights.
Robinhoods are in this market. Most of them from China.
Parabolic expansions tend to fall - sometimes very quickly.
Stay tuned. Stay safe.
Wash your hands and face! 😂
Eat veg! LOL.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
TSLA to $2500 post splitBeing a fundamental person, this drives me insane seeing how high tesla is. I think I have finally accepted that Tesla stock just doesnt care about balance sheets/ profit. Tesla from a technical standpoint however should continue to ride this parabolic trend to roughly $2400 by august 31st split. I anticipate a touch and go on Monday as tesla always seems to do. Tag $2000 and just start another crazy run. If we fail, we should fall back towards $1900 and most likely consolidate upward until the split. If this happens, I am looking at tesla having a split to make it $420 (because thats what elon wants). The week after the split tesla should very quickly run to $500 because of all the young robinhooders that want to pile into the now "cheap" stock.
Then we crash.
How do we think this will end?Parabolic moves like this only end one way and thats a sizable retracement.
Tesla At Top of ChannelThis is a very simple analysis. Just pointing out that Tesla is now at the top of a parabolic channel that goes back to the beginning of this year. It can still go higher from here, but some will be looking to take profit in this area.
The bottom of the channel is around $1,300.
