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Parabolicmove

Bitcoin is Tracking this Parabolic Bar PatternBitcoin has been following a parabolic trajectory similar to the trajectory from November/December 2017. A bar pattern is displayed which was taken up to the 2017 peak around $19400 USD. This is shown on a linear scale. I've been tracking this bar pattern since early February and it has been following pretty accurately. Take this with a grain of salt as it is just a fun indicator but should only be used as an idea with your own technical analysis. If this plays out, I think this would just be a local top and not the market cycle top. I believe there will be a global blow off top at the end of the year, or some time next year.
BITSTAMP:BTCUSD
by ilift
1
$780 TESLA!!!A PARABOLIC MOVE CONSISTS OF 4 BASES. Refer to the link attach here: pixiutrades.files.wordpress.com From the chart above we can clearly see all 4 bases and we are likely in the fourth base now that could probably send us to $780 to $800 range in days or weeks ahead. But becareful, usually after base 4 is done, a massive pullback will likely happen. In this case, it could send Tesla back to base 3 at around $465! Wish you all good luck! God bless! Remember to follow me for more updates ahead! Merry Christmas everyone!
NASDAQ:TSLALong
by livegreat
PARABOLIC BITCOIN MOVEMENT! 30K NEXT???A PARABOLIC MOVE CONSISTS OF 4 BASES. Refer to the link attach here: pixiutrades.files.wordpress.com From the chart above we can clearly see all 4 bases and we are likely in the fourth base now that could probably send us to $28,000 to $30,000 range in days ahead. But be careful, usually after base 4 is done, a massive pullback will likely happen. In this case, it could send Bitcoin back to base 3 at around $20,000! Wish you all good luck! God bless! Remember to follow me for more updates ahead! Merry Christmas everyone!
BITFINEX:BTCUSDLong
by livegreat
Make Indicators Profitable AgainIf you have been in the market for some time, then you have probably tried a few different indicators. Some may have worked well, others not so much. However, just because the indicator's default version didn't work, that doesn't mean it doesn't have potential! Parabolic SAR Default We have tested the Parabolic SAR with its default settings, on ETH/USDT 4h chart, on Kucoin. Each trade was taken with 100% of the available equity, and resulted in a total profit of -89%. This means that you would have decimated your account if you had used the default Parabolic SAR. The default Parabolic SAR values on Tradingview are: "Start" 0.02, "Increment" 0.02 and "Maximum" 0.2. Modified Parabolic SAR By modifying the "Increment" and "Maximum" values to 0.002, you will create a version that has a total profit of 492%! This version even works on shorts. There are even more profitable versions of the Parabolic SAR strategies which you can use. We have just tested a few different values, but more extensive testing would almost certainly bring better results. Although you can use this indicator for your entries and exits, it is better to use it as a filter. This version is a lot slower than the default one, and as such, it only catches the big trends. As mentioned earlier, it also works on shorts; therefore, it can identify bear markets accurately. Therefore, you can use this version as a filter to find the long-term trend, and then use another indicator that signals more often, such as the MACD, to find the appropriate entries and exits.
by cryptohopper
BTCUSD | New ATH coming in parabolic patternBitcoin and the aggregated crypto market are seeing growth as the stock market rallies. This comes shortly after Pfizer announced that their vaccine for the rapidly spreading virus has 90% effectiveness. This is great news for the stock market in terms of reducing global uncertainty and boosting the economy, but it is bad news for safe haven assets like gold – which have nosedived. Bitcoin is still steady in $15 000 - $16 000 region. Nevertheless, one of analysts believes a move past $16 000 is just a very beginning. You can see his Bitcoin price action forecast till the end of the November with a possible monthly displacement till December 2020. He found Bitcoin price action will confirm parabolic pattern in case of finishing 3rd consolidation base on November 15th at the area above $15 700. This scenario can lead the price to a new ATH around $23 600 level in case of burst which occurs after parabolic pattern completion. You can see risk management and target levels for the analysis at the chart Will Bitcoin reach a new ATH in the following months? It will be a miracle and a disaster at the same time. Last time Bitcoin grew enormously in parabolic pattern we had 2 years of depression at the cryptocurrency market. Anyway we cannot affect the market so let's just prepare a bag of pop corn and see how the situation develops! DISCLAIMER Do Your Own Research. The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances.
COINBASE:BTCUSD
by Skyrexio
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.
NASDAQ:AMZNEducation
by Michael_Wang_Official
7