where to buy bitcoin ??
The key to trading parabolic moves is first being able to identify them correctly. Although the parabolic SAR indicator is sometimes used in TA and it is not always effective in finding parabolic moves so a better option is to simply scan charts with the naked eye.
The first thing you are looking for is a market that is increasing at an exponential rate. Each bar will therefore be increasing in size and if it is an uptrend, the curve will begin to look like the right hand side of a circle – as it nears the diameter. It stands to reason that the closer the market gets to vertical, the better the chance of a parabolic move – since no market can go up forever.
for good example look at bitcoin in 2015 ,2017 and now days !!
Taking profits
Entering into a parabolic move can be scary, since the market will be at its most rampant. Adverse price moves are therefore common and your position will most likely lose money at first.
However, it is important to wait. If you have entered in a true parabolic move you will not have to endure too much pain. Indeed once the correction comes you will likely see the market lose as much as 50% to 80% and you will have successfully burst your first bubble! It’s important not to get too greedy though and you should aim to target no more than 35% to 50% profit.
so in conclusion .. wait the correction and never believe that the market will still climbing to the upside ..
and guys be aware of the correction its gonna be bloody and fast
BE CAREFUL and dont FOMO it !!!!
my self pointed where we can enter in parts and wait confirmation of the upper targets !!
im gonna update it onse we reach there
ALT coin trades still opened even if btc corrected :)
Good Luck
The first thing you are looking for is a market that is increasing at an exponential rate. Each bar will therefore be increasing in size and if it is an uptrend, the curve will begin to look like the right hand side of a circle – as it nears the diameter. It stands to reason that the closer the market gets to vertical, the better the chance of a parabolic move – since no market can go up forever.
for good example look at bitcoin in 2015 ,2017 and now days !!
Taking profits
Entering into a parabolic move can be scary, since the market will be at its most rampant. Adverse price moves are therefore common and your position will most likely lose money at first.
However, it is important to wait. If you have entered in a true parabolic move you will not have to endure too much pain. Indeed once the correction comes you will likely see the market lose as much as 50% to 80% and you will have successfully burst your first bubble! It’s important not to get too greedy though and you should aim to target no more than 35% to 50% profit.
so in conclusion .. wait the correction and never believe that the market will still climbing to the upside ..
and guys be aware of the correction its gonna be bloody and fast
BE CAREFUL and dont FOMO it !!!!
my self pointed where we can enter in parts and wait confirmation of the upper targets !!
im gonna update it onse we reach there
ALT coin trades still opened even if btc corrected :)
Good Luck
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