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PCT

PCT Short ReviewAnother position I took that I wasn't feeling comfortable enough to publish at the time -- this time on $PCT. Idea introduced to me by John Hempton on Twitter, have followed the stock for months waiting for the right time to short, and happened to pick the exact week for the meatiest short. Definitely got very lucky, exited at 6.12 last week. Will be keeping a look out for a swing opportunity at some point and will be sure to post it the next time -- very volatile stock for a company desperately trying to raise money to aid production.
NASDAQ:PCTShort
by Jordsito
PCT LongPureCycle Technologies, Inc. (PCT) produces recycled polypropylene (PP). PureCycle plans on developing a polypropylene recycling facility in Belgium and the company believes the facility has the potential for a total annual capacity of 500 million pounds. PureCycle is currently engaged in feedstock sourcing and financial planning with the intent to secure a final project timeline by mid-2023. Construction of the plant is expected to begin upon completion of the permitting process, which is currently anticipated in 2024. Source: www.prnewswire.com On 2/9/23, someone bought the PCT 5/19 11C 17,000x 1.07. To me, I believe they must be thinking 12.50-14.00 on a risk-reward basis, which is a a 75% move from where its trading at currently…they are either betting on incredibly good earnings or a upcoming catalyst/announcement.
NASDAQ:PCTLong
by airborne99
PureCycle Tech (Is it bottoming?)View On PureCycle PCT(9 Jan 2023) I am seeing some bounce aka (rebound play) in this US stock, Now $5~$6 region can be a good cushion and it can go UP higher. If things work out well, $8.50 shall be pretty reachable. Let review it again in an month time or so. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:PCTLong
by SonicDeejay
Rounded Bottom idea with Parabolic Curve Theory for POLYBTCThis is a personal research and idea for investment. DYOR and TIT... This is Polymath $POLY coin against BTC pair on a hourly chart . ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory ( PCT ) Price Action (PA) BTC ( Bitcoin ) T/K (Tenkan/Kijun; Blue/Yellow lines) Sats . (Satoshis) :::DISCLAIMER::: This is a short-term pattern that will develop exponentially growing price action as it starts to close the cup. It has the characteristics of a PCT structure as it has panic sold these last two weeks describing a parabolic descending curve and bottomed. As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action break out of pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: End-May 2021 Estimated end: Mid-June 2021 (about a week after publishing) Price tag at time of publishing: 643 sats. Expected price tag at end of pattern: 976+ sats. Safe trailing take profit area: Recommended trailing take profit at 903 sats. or .786 fib. TECH INDICATORS Ichimoku indicators: -Bullish Kumo cloud. - Bearish PA, needs to break up over the Kumo cloud. - Bullish Tenkan over Kijun Sen. - T/K cross up the first days of May, also bullish nuance. - Bearish Chikou lagging span below cloud, needs to break up. - Parabolic SAR below the PA, bullish nuance. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY No news or events upcoming. Mildly affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. ATM there's a measured move if PA breaks out of the bull flag shown in the snapshot below. Measured Move equals about 54% profit.
P
by AponSOKS1978
Rounded Bottom and Parabolic Curve Theory Idea for $SUSD to BTCThis is a personal research and idea for investment. DYOR and TIT... This is Synthetix USD $SUSD coin on a 3-day chart. :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Mid-Dec 2020 Estimated end: 1st week of Late July 2021 (60+ days from publishing) Price tag at time of publishing: 2,490 satoshi Expected price tag at end of pattern: 5,550 satoshi Sub-base 1 (.b1.1): 2,044 satoshi Base 1 price level: 2,499 satoshi Base 2 price level: 3,080 satoshi Base 3 price level: 3,550 satoshi Base 4 price level: 4,020 satoshi Safe trailing take profit area: Recommended trailing take profit at 5,300 satoshi TECH INDICATORS I'm doing TA on a daily-chart since the 3-day still doesn't display full indicators yet. Green Kumo cloud indicates bullish trend with recently broken out Chikou Span from PA. Recent T/K cross up is also bullish. All indicators are upsloped. Parabolic SAR also confirms trend placed below PA. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
SLong
by AponSOKS1978
Rounded Bottom pattern idea for $SXP against BTCThis is a personal research and idea for investment. DYOR and TIT... This is Swipe $SXP coin against BTC pair on a daily chart . ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC (Bitcoin) T/K (Tenkan/Kijun; Blue/Yellow lines) Sats. (Satoshis) :::DISCLAIMER::: This is a mid-term pattern that will develop exponentially growing price action as it starts to close the cup. It has the characteristics of a PCT structure as it tends to range at key Fibonacci levels for PCT. As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action break out of pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: Mid-Aug 2020 Estimated end: Early-Aug 2021 (almost 3 months from publishing) Price tag at time of publishing: 8,150 sats. Expected price tag at end of pattern: 36,700+ sats. Safe trailing take profit area: Recommended trailing take profit at 35,700 sats. TECH INDICATORS Ichimoku indicators: -Bullish Kumo cloud setup with PA on top of it. - Bullish Tenkan over Kijun Sen. - T/K cross up the first days of May, also bullish nuance. - Chikou lagging span heading towards PA, bearish nuance, probably due to recent correction. - Parabolic SAR on top of the PA, bearish nuance. PA has corrected down to the .500 fib from previous impulse move and is currently bouncing up as it closes in against the curved wall of the pattern. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY Technical paper will be released as of May 30th according to @Joselito, Swipe founder. Affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. ATM there's a measured move if PA breaks out of the bull flag shown in the snapshot below. Measured Move equals about 605 profit. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
Long
by AponSOKS1978
Parabolic Curve pattern idea for $EOS USDTThis is a personal research and idea for investment. DYOR and TIT... This is $EOS coin against USDT pair on a daily chart . ABBREVIATIONS Parabolic Curve Theory ( PCT ) Price Action (PA) BTC ( Bitcoin ) T/K (Tenkan/Kijun Blue/Yellow lines) :::DISCLAIMER::: This is a long-term pattern that probably will develop exponentially growing price action as it starts to close. It seems consistent to PCT as we get higher highs and posterior ranging at key Fibonacci levels and there's also a sub-base 1, midway to the .236 fib (base 1 or .b1). See as .b1.1 or as like I call it, sub-base 1 is touched at mid-height from the base of the Parabola to base 1 (.b1) As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action wonder outside the confines of the pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: Late-Jan 2021 Estimated end: Q4 2021 (5 months from publishing) Price tag at time of publishing: 10,3871USDT Expected price tag at end of pattern: 25USDT Safe trailing take profit area: I will assess this as the pattern develops. TECH INDICATORS Ichimoku indicators: -Bullish Kumo cloud. - Span A and B flattening suggests consolidation period. - PA above Kumo, bullish sign. - Bullish T/K crossup 5 days ago from this publishing is also bullish. - Chikou lagging span far and high. - Parabolic SAR indicates bullish trend. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY No major news upcoming this year related to coin. Seems affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. $EOS at least at 25USDT price tag within months from now. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
ELong
by AponSOKS1978
Rounded Bottom Parabolic Curve Theory idea for $ANTBTCThis is a personal research and idea for investment. DYOR and TIT... This is Aragon $ANT token on a weekly chart. :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory (PCT) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC (Bitcoin) T/K (Tenkan/Kijun Blue/Yellow lines) Sats. (Satoshis) TIME/PRICE PROJECTION Pattern start: Late-Aug 2020 Estimated end: 1st week of Aug 2021 (+/-100 days from publishing) Price tag at time of publishing: 1,604sats. Expected price tag at end of pattern: 7,635sats. Sub-base 1 (.b1.1): 1,941sats. Base 1 price level: 2,422sats. Base 2 price level: 3,422sats. Base 3 price level: 4,230stas. Base 4 price level: 5,038sats. Safe trailing take profit area: Recommended trailing take profit at 7,40sats. TECH INDICATORS (TA on the daily for lack of complete indicators on the 3-day chart) Some Ichimoku indicators are still unavailable on the weekly timeframe. On the 3-day chart the Kumo cloud is observed flat, indecisive market momentum as PA is attempting to climb and ranging for a long period. This is consistent with the sub-base and base 1 phase of PCT. We have a T/K cross down today which is bullish sign and Parabolic SAR (white stepping line on my layout) confirming bearish sentiment. This is consistent with a bearish divergence from 3 days back that is still probably trying to play out. Chikou lagging span (purple line on my setup) is downsloped but below developing Kumo cloud. All these indicators are bearish probably because there's an unresolved divergence like I mentioned before. NEWS CATALYSTS AND BTC VOLATILITY Some positive but not major news upcoming this year related to the governance token application. Seems mildly affected by BTC dips. EXPECTATIONS I expect a strong impulse up to base 1 after present divergence is resolved and further development as expected from PCT patterns. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
A
by AponSOKS1978
1
Rounded Bottom and Parabolic Curve Theory idea for $BXQBTCThis is a personal research and idea for investment. DYOR and TIT... This is Voyager $BQX coin on a daily chart. :::DISCLAIMER::: This is a short term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Late-Feb 2021 Estimated end: 1st week of June 2021 (30+ days from publishing) Price tag at time of publishing: 7,492 satoshi Expected price tag at end of pattern: 14,749 satoshi Sub-base 1 (.b1.1): 7,146 satoshi Base 1 price level: 8,396 satoshi Base 2 price level: 9,333 satoshi Base 3 price level: 10,375 satoshi Base 4 price level: 11,395 satoshi Safe trailing take profit area: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is showing early signs of an imminent trend reversal from green to red with Senkou span A closing in on B. This nuance will mark a bullish confirmation. Price Action (PA) is currently beneath the Kumo Cloud, which is still considered bearish trend. T/K crossed up today, which is a very stron bullish sign often taken as a buy signal when in a bullish trend. This is when the blue conversion line (Tenkan sen) crosses up the yellow line (Kijun sen) from below. Chikou lagging span (purple in my setup) is buried inside PA, which is still bearish indication. The Parabolic SAR (represented as a white stepping line in my layout) is beneath the PA, which is a bullish trend nuance. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly affected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
BShort
by AponSOKS1978
Rounded Bottom and Parabolic Curve Theory idea for $BRDBTCThis is a personal research and idea for investment. DYOR and TIT... This is Bread $BTC coin on a bi-weekly chart. Bare in mind this is a huge Rounded Bottom pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it very early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. As this is a very long term trade it is also uncertain how it will react to potential market trend reversal. In terms of research it will be very interesting to keep track over the span of the months and understand the balance between patterns and market momentum. TIME/PRICE PROJECTION Pattern start: Mid-Jan 2018 Estimated end: Q1 2024 (1000+ days from publishing) Price tag at time of publishing: 610 satoshi Expected price tag at end of pattern: 15,153 satoshi Sub-base 1 (.b1.1): 2,061 satoshi Base 1 price level: 3,687 satoshi Base 2 price level: 5,883 satoshi Base 3 price level: 7,645 satoshi Base 4 price level: 9,407 satoshi Take profit range: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is apparently bottomed with both Senkou span A and B showing signs of consolidation. Further development in this direction will put Price action (PA) inside the Kumo cloud within half a year from now so confirming consolidation and/or initiation of reversal. Tenkan and Kijun sen (blue and yellow averages) are squeezing together preparing for a flip and T/K crossover. The last and only time this happened was in march of 2019. This might signal the kickoff for trend reversal. upsloped confirm bullish momentum. Chikou lagging span is below PA which is bearish. To strengthen the theory of an upcoming trend reversal Parabolic SAR is beneath PA at least 5 candles back, this is bullish. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect very slow ranging with probable impulses increasing as we near the curve to close the RB. I'm very intrigued by how this long term pattern will react to the market's bullrun ending. That being within the time period for this patterns' completion, makes it extremely hard to foresee if the pattern will remain unscathed by trend reversal. FINAL NOTE Drawing may need to be adjusted as it's very complicated to project time on a pattern this size.
BLong
by AponSOKS1978
2
Parabolic Curve Theory idea for $TRBBTC Rounded BottomThis is a personal research and idea for investment. DYOR and TIT... This is a 3-day chart for Tellor $TRB coin. Bare in mind this is a huge Rounded Bottom pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory (PCT) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Aug 31st 2020 Estimated end: 2nd half of June to 1st week of July (66 days from publishing) Price tag at time of publishing: 236,000 satoshi Expected price tag at end of pattern: 615K satoshi Base 1 price level: 184,400 satoshi Base 2 price level: 266,700 satoshi Base 3 price level: 333,100 satoshi Base 4 price level: 399,600 satoshi Safe take profit range: Recommended trailing take profit at 587,300 satoshi TECH INDICATORS Kumo cloud is bullish with senkou span A over B and following below price action. Tenkan over Kijun sen upsloped confirm bullish momentum. Chikou lagging span is upsloped, far away and high which is also a bullish confirmation. Parabolic SAR beneath price action bullish sign too. Bearish divergence present on last candle. NEWS CATALYSTS AND BTC VOLATILITY At the time of publishing this idea we can see a huge bullish candle (may 4th) which made price action blast through base 1 target, not allowing any ranging, at least for the moment. This is consistent with the listing of the coin on Coinbase Pro, sparking great buying activity. If we look at BTC price action on the pink line we can clearly see that $TRB hasn't been affected by bitcoins dips, at least not on this time frame. EXPECTATIONS I expect at least 2 months of sporadic large and increasing impulse moves to reach every subsequent base. Ranging is expected below every base, towards the curve but they should decrease as price action moves up. FINAL NOTE Drawing may need to be adjusted as it's very complicated to project time on a pattern this size.
Long
by AponSOKS1978
1
Rounded Bottom pattern on $TLMThis 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 name .b1.1 and bases 1 and 2 (.b1 and .b2) already reached byr Price Action (PA). Ichimoku is bullish on the Kumo Cloud which is broad and beneath PA. Tenkan and Kijun are bullish and with plenty space between them. T over K is bullish. Impulses will grow longer and higher as it moves from base to base. Chikou lagging span (purple line on my setup) is far and above PA which is bullish as well. EXPECTATIONS_____ PCT has it that from .b3 up price could double in the shortest period which is consistent to base 3 being at a 0.56 price level and close of RB at 0.93 which is roughly double. I expect RB to develop into C&H pattern or keep moving up for a measured move equivalent to the cup's depth (360+%) over a longer period of time. We will probably see $TLM passing the dollar within a week. THREATS_____ BTC volatility and dominance kicking in. I'm doing... Entry Price (EP): range between 0.416 and 0.435 SL: Manual TP1: 0.47 TP2: 0.56 TP3: 0.65 TP4: 0.77 TP5: 0.93 DYOR and TIT
by AponSOKS1978
2
Parabolic Curve Theory idea for $LINK vs USDTThis 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 this: There's a small Higher High (HH) around the 8.3 price level and short ranging period which could fit into my theory that PCT's are preceded by a small subwave around midwav to base 1 (.b1). Then we get: A new HH around .236 fib., pullback and ranging period. Another HH around the .386 fib, a pullback and short swing. A recent HH at the .5 fib with a pullback. This behavior is now typical of PCT and it places Chainlink on base 3 (.b3). EXPECTATIONS: I'd expect $LINK price action to range towards the curve before an impulse to the .618 fib and after that one last impulse to the top of the curve. Market behavior should be like a panic buy sentiment and once it tops I'd also expect massive sell out for profit taking before it keeps moving on. Price level for this setup is around 86USDT in roughly half a year (around october)
Long
by AponSOKS1978
Parabolic Curve Theory idea for $PNT vs BTCUPDATE: 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 coinciding with main fib levels. We can see an uprally marking Base 1 (.b1 on 0,236fib) of the PCT and later Base 2 (.b2 on 0,382fib) on April the 4th. BTC dip made price action pull back and break down Base 1 again. This deviation I've boxed in the green rectangle. I'm expecting price action to keep it's path of strong impulses and minor corrections and/or ranging although PCT should mean ranges being shorter every time it ascend another tier to the subsequent bases. Be aware that upcoming BTC dips may alter time projections and depending on when it happens, produce new deviations out of the PCT structure. I will have to revisit and update the idea if that happens.
PLong
by AponSOKS1978
Parabolic Curve Theory idea for $LUNABTC ***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 respecting the fibs with only that previous deviation to note, besides what somebody could clame to be a base 5 just before crowning the curve. It is actually correcting and losing momentum with an oversold RSI and bearish MACD, low volume too. Kumo cloud is dense and price level will have a hard time crossing it down for a bearish reversal. Tenkan and Kijun sen lines are in an upper resistance position and Chikou span still at a fair distance. All in all I think this is soon to break the dotted yellow upper trendline I drew on the chart.
L
by AponSOKS1978
Rounding Top idea for $BEL vs BTCROUNDING 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 to ATH by the end of this month (April) depending majorly on Bitcoins behavior. PARABOLIC CURVE THEORY POSSIBLE I've marked price level 7.00 for a future idea analysis on a larger scale timeframe as I believe this coin might be developing a parabolic curve. That level could actually be a base 3. If that turns out to be so, I would confirm the existence of the parabolic curve pattern making it a awesome opportunity for exponential growth which would put the long term price level around the 13.2USDT.
by AponSOKS1978
Parabolic Curve Theory idea for $SUNContinuing 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 exist between these parabolic panic-buying patterns, Elliott Wave Theory and Fibonacci, which seems to be present on every accumulation area or base of PCT. I expect the price action to bounce off of the curve and initiate an uptrend towards the 69USDT price level. Any comments and further insight on the subjects of this research is very much appreciated.
by AponSOKS1978
1
Parabolic Curve Theory idea for $LRC***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 top: 1,869 satoshi Projection for bases 1 through 4 set at .236, .382, .500, .618 Fibonacci levels. These have been determined by measuring an inverse retracement from base to top to force the Fib tool to place the levels from 0 to 1 to cover the complete parabola. At the moment of publishing the estimated profit % when reaching the top is of 92% I will update close to when the different stages are reached to keep track of the price action behavior. Any comments and further insight are welcome.
by AponSOKS1978
Parabolic Curve idea for $TRB BTC rounded bottom***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 $TRB which is shaping a rounded bottom (RB) which has already touched base. It's an RB with an projected total span of approximately 313 days and already 75% in. Price: currently 111,900 satoshi Estimated top: 654,000 satoshi ETA: approx. 84 days from publishing Profit from actual position: 488% I'm expecting the 4 bases of PCT to roughly hit around the highlighted yellow fibs marked from .b1 to 4 I'm linking this post to original publishing of my PCT research. Tech indicators show Kumo cloud reversal, also shaping a clear RB pattern with relative decrease in volume at the base and multiple TK crossovers.
by AponSOKS1978