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TradingBits
Nov 8, 2013 8:20 PM

Bubble analysis. Long

Bitcoin / U.S. DollarMt.Gox

Description

Model built assuming bubbles follow a basic parabolic shape due to increased buying excitement.
Comments
TradingBits
I didn't make maximum profit but sold high. Very happy with results.
PatrickNagle
Target region is where it pops?
TradingBits
So far, but we are currently steering away. To be expected when the arc is narrowing. It may have one final push to the so-called target before falling. Always account for the weekend low volume.
X.L
Looking good!
fsanadizadeh
Brilliant. So far, it's very accurate.
rbenadon
Well done!
DrewR
Congrats on your first :)
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