This is a personal short -term swing trade I'm taking for Alien Worlds awesome $TLM coin. PATTERN_____ Rounded Bottom (RB), or possibly Cup and Handle (C&H). Parabolic Curve Theory (PCT) applies. TECH ANALYSIS_____ 4-hour timeframe chart. I'm approaching this Rounded Bottom with PCT. Have already recognised a sub-base (follow up on my research for PCT) which I...
This is a 3-day chart. For full disclosure I'm a big $LINK accumulator because I believe in its robust features and fundamentals. Currently price fluctuates around the 38USDT price level. I've been researching a lot in Parabolic Curve Theory but don't remember having looked at Chainlink's exponential growth from a zoomed out perspective. What I get is...
UPDATE: This is an active setup for $PNT against BTC pair. I posted this setup a while back and this 3-day chart shows how a normal correction in price action was affected by april 13th BTC dip deepening the correction on $PNT. This put price action outside of the Parabolic Curve structure, but did not invalidate the setup. Significant price action is still...
This is an updated daily chart for Loopring $LRC against BTC pair... Setup is still in play although it was visibly affected by the BTC Dip on april 18th. Interested to see 2 things in this case: - Volume is pretty low and it has been since before the Rounded Bottom began to develop. Eyes generally fixate on lower cap coins at the very end of the money flow and...
This is a daily chart for Audius $AUDIO. I've traded $AUDIO plenty of times these months, always been very profitable but in this occasion made a mistake getting greedy on the April 12th breakout candle. I had scalped it twice and took profit every time it retraced and reentered after. I should´ve seen the decreasing volume on the histogram (white segmented line)...
***No financial advice, only intended for personal educational purposes*** This is a daily chart for $LUNABTC. We can clearly see the Parabolic Curve pattern (PC) and 5 bases. I've named the lowest and the one on top of that one 1.1 and 1.2 because they average where b1 has been usually observed to target the .236 fib. This is another example of the PCT...
ROUNDING TOP IDEA Following up on the initial idea for a Rounding Top playing out on Bitcoin, this 4-hour $BEL chart shows a similar pattern which I expect to perform in an uptrend for a big move up in the mid to long term. April 17th's BTC dip accelerated the pattern closing and almost bounced off the rising trendline support. An impulse move might bring price...
***NOT FINANCIAL ADVICE*** ***THIS IS A PERSONAL IDEA, DYOR*** Could this be a Rounding Top pattern??? Note: Bulkowski describes the "Rounding Top" pattern in his Encyclopedia of Chart Patterns, page 608, as an upward breakout, indicating: "As prices move up, they curve around then break upward". He also mentions a downward volume trend as a sign of this...
Continuing with my research on PCT (Parabolic Curve Theory) this is a daily chart for $SUN coin which also seems to have initiated a parabolic move marking a sub-base 1 at approximately 0.172 fib level and later setting higher highs on the 0.236 fib level (Base 1), and 0.382 fib level (Base 2). I'm very eager to understand the deep relationship that appears to...
This is a daily chart. Bullish descending wedge with a breakout attempt on the 26K satoshi level. Ichimoku indicators need to change to bullish for me to consider entering this trade, besides a bullish candle close outside of the top of the wedge. No bearish divergences present. Probable Wave 1 on Elliot Wave theory. Currently retesting on top of the wedge.
***This is not financial advice, it is a personal investigation log intended for furthering my knowledge on Parabolic Curve Theory ( PCT )*** This is a daily chart for Loopring $LRC vs $BTC. Pattern analysis is clearly a Rounded Bottom (RB) at a +/-70% advance in time with a total estimated span of approximately 85 days. Bottom of the base: 847 satoshi Projected...
***This is not financial advice. I'm posting this publicly in the hopes of gathering additional insight from other PCT Parabolic Curve Theory knowledged people. It is a personal investigation on PCT to find more precise correlations to other indicators*** For transparency I am invested in $TRB against BTC as I am an active trader. This is a Daily chart on Tellor...
This hourly chart shows $ONE trading inside of a descending channel, breaking out and retesting the channel's upper trend line. MACD losing slope and RSI still has signs of sellers dragging price action down. I'm waiting for a bullish confirmation candle closing on top of the upper channel border.
***This is a personal opinion charted to keep track and correct. I've made it public for my own educational purposes if anyone wants to shed some light on the interpretation of this theory. Comments are very welcome*** This is a daily chart for pNetwork $PNT against $BTC, currently trading at +/-4,000 satoshi. Corresponds to a clear symmetrical Rounded Bottom...
$1INCH against $USDT that I've been following for some time and trying to keep updated. Cup and handle broke out a few days ago. This time I'm watching the 4-hour chart for more reliable analysis and first thing that catches the eye is that price action isn't followed by Kumo cloud. Tenkan is on top of the price (short resistance) and as of this moment a reversal...
This Rounded Bottom (RB) or Cup & Handle (C&H) is closing it's parabolic ascending curve approx. on the 25,530 satoshi price level before April 11th. All indicators on this 4-hour chart are bullish as the tags read. Depth of the cup from top to bottom yielded +530% profit which should equal for a measured move of the same characteristics. Brief summary on...
Marlin $POND broke out on april 5th from the bullish flag and retested the upper border on april 7th for a measured move spanning from 0,2066USDT to 0,346USDT As of this moment the price tag reads 0,2436USDT with possibility of a 40% profit. Price is correcting bouncing off support on the .236FIB giving a ood opportunity for an entry point. Be wary of an eventual...
This is $KMD against $BTC pair. On a zoom out to a 3-day chart what instantly caught my eye were the 2 underlying geometries. The first is a huge shaping of an RB (Rounded Bottom) with an ATH of 126,000 sats starting around the first days of January 2018. Almost 1200 days have passed since then and the current price oscillates around 6,320 sats. making it roughly...