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Parabolicrise

DXY has left the LAUNCHPAD... destination 160+DXY has left the LAUNCHPAD and is unlikely to return home until its surpassed 160! From the chart we can see that DXY has... - Emerged from the falling wedge with a measured move target of +72, taking us upto 160 OR BEYOND - Has retested the falling wedge trend line and created a double bottom support - DXY has performed these feats before (1980-1985) and is showing a similar emerging shape in the chart pattern and RSI - If history repeats, we can expect this trend to continue through to Approx. 2025 Once these trends establish themselves its highly UNLIKELY that they do not go on to fulfil their potential. TIME IS RUNNING OUT for the DXY to get off this trajectory. CONCLUSION: Long the DXY, Hold your DOLLARS
TVC:DXYLong
by Fifty_Satoshi_
Text-Book Quality Parabolic Rise on BTC/USD! - By Trading-GuruThis fantastic parabolic ascending on BTC/USD is simply of text-book quality. In this analysis I will walk you through the narrative of how this parabola was formed. I will show to you in retrospect the things we can learn from the price behavior at that time, so that we can take lessons from it and recognize such a pattern more quickly in the future. Furthermore, I show the bullish scenario of what will happen when this parabola holds. You can see that the price will increase exponentially, giving us a $19,000 prospect still within November of this year. Lastly, I want to highlight what can happen if the parabola breaks. I did some research into other historical parabolas along with the text-book explanation of what will happen in those cases. And the results aren't pretty, if it does break the price can go down very very rapidly. As exponential as it has increased. So tread carefully everyone. Here is the order of touchpoints on this parabola that with every step gave us slightly more evidence about the incoming increase in price: The first of the touchpoints on this parabola were from the 5th of September. We see that the price has hit a temporary low near the $10,000 mark after a big hit in the price coming from $12,000 The second touchpoint happened on October 8th. We can already see here that every time the price dips the bottom is a bit higher than it used to be. For the first time, you can start to see a bullish trend. From the 19th of October it becomes more evident that the price is rising, the touchpoint here was enough to let the price jump into the air. BTC is officially taking off, in just two days the price increased by 10%! Early November we see multiple interesting touchpoints. The price is still bullish but struggling. It reached around $14,000 three times in a row and it got rejected on every attempt. Then, when it hit the parabola the price jumped up again! And finally, the incoming last touchpoint in a few days. If the parabola holds we can expect the price to struggle around the $16,000 level for another 1.5 days. Then if it touches the parabola and it holds, we can expect the next jump in price. By end November this parabola predicts a price of over $19,000 for BTC! Bringing it close to the resistance of the all-time-high. If you're going in with a long position I suggest to take profit below the ATH as it is very unpredictable what will happen near that level Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:BTCUSDLong
by Trading-Guru
22
ZRXBTC Local Top? | Bearsh Divergence | Parabolic Rise Hello Traders, Today’s chart will be on ZRX/BTC which may be putting in a local top that is accompanied with a potential bearish divergence. ZRX has risen in a parabolic manner a correction or consolidation is highly probable. Points to consider, - Strong bull trend on 4 hr timeframe - Price tested structural resistance (fake out) - Local support between .50 and .618 Fibonacci - Stochastics projected downwards - RSI respecting downwards resistance - EMA’s holding price support - Noticeable increase in volume - VPVR decreasing in volume of transactions ZRX has had an impressive run from accumulation zone but now looks very over extended, a consolidation or correction phase is highly probable and we do have some early signs that suggest so. Price has tested structural resistance; this could be the potential local top due to wicks as sellers are very strong in this area at current given time. Local support is between the .50 and .618 Fibonacci level, this is a good retracement zone if price where to correct from local top. The stochastics is currently projected downwards, we do have stored momentum in this direction if this bearish divergence where to play out. RSI is currently respecting its downwards resistant line, clearly diverging from price which puts more emphasis on the bearish divergence… EMA’s is clearly holding price as support, we are still is this parabolic rise until we break the EMA’s decisively as this will negate the market structure. Volume is currently above average, we do have noticeable increase in bull volume, if price breaks structural resistance, bull volume will then need to sustain to avoid the chances of being a fake out. The VPVR is quite interesting as it clearly shows a decrease in volume of transactions from current structural resistance and local support. This shows us that price maybe even more probable to retrace to local support due to the lack of resistance being provided by the VPVR. Overall, IMO, ZRX needs to correct from current levels as this parabolic trend has been over extended, we do have clear signs of a bearish divergence playing out. We may consolidate to cool of indicators or we may correct to local support, putting in a higher low in the trend. What are your thoughts? Please leave a like and comment, And remember, “Trade the market in front of you, not the one you want!” – Scott Redler
Short
by The_Alchemist_Trader_