AlphaWolf-Prime

Bitcoin/USD - Parabolic curve [Updated]

BITFINEX:BTCUSD   Bitcoin / Dollar
Still holding the parabolic curve.
Updated from previous version, as one more bounce occurred, giving us a picture of a steeper curve than previously anticipated.
Great scalping opportunities at times of parabolas such as this as the swings near the top can be absolutely HUGE. But the risk also increases ten fold.

Take caution.

Any thoughts on when this could end?
Reply
@walmathanyou, Hi Thanks for the reply,
I am thinking that around mid December things will be getting sketchy. It wont be chaos the very moment it breaks the Curve line, but that will indicate the start of weakness, will be dependant on how the larger players decide to react to it when that happens.
Reply
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