I'm about to give you one of the most dominant strategies in cryptocurrency a strategy that would let you buy in rate here right before a parabolic move in cryptocurrency that Rose almost five thousand percent people would kill to know when is the parabolic top how do I invest right before the parabolic topThat's what everyone wants to know so I designed a simple and easy strategy that you can follow to time the next parabolic top in cryptocurrency welcome in if you're new my name is Steve hit that subscribe button on this channel we keep it simple let's jump into theStrategy so what I want you to do is pull up your chart put on the Bitcoin US dollar Index and go to the monthly chart now I want you to pull it up precisely like we have it here we're going to identify this 2016 right before this parabolic top and we're gonna identifyThis 2020 area right before for this parabolic top in order to accomplish this goal we want to understand these parabolic tops so we can time the next parabolic top which may come this year or at the latest next year and we'll get to that but first what I want you to doIs we're going to pull up two indexes all right the first one is the rank correlation index now you may say to yourself okay if I pull up this index and this index there's no way I'll be able to follow it I don't have enough trading knowledge not to worry I'm goingTo keep it incredibly simple and you're going to be able to look like a professional looking at this index in this index okay so we're going to pull up this one first what I want you to do is go to the indicators and on here type RCI for rank correlation index andYou're going to click on this one right here once it comes onto your screen I want you to go into the gear icon so we can fix up the settings so it looks precisely like the one I have here so so we have all of our settings right hereYou can take a screenshot and the styles are here including the thickness in ETC now what I want you to do is understand the basics about this rank correlation index the rank correlation index in a nutshell measures overbought and oversold now in order for us to timeThis parabolic top we have to understand overbought and oversold you never want to enter the market when it's overbought for example anytime we're near a top that's going to be the most overbought that Bitcoin or crypto or your favorite coin has ever been and you never want toBe buying when something is overbought because markets always do the opposite of the majority if the majority is buying like crazy you need to be selling okay so we use this rank correlation index to understand overbought and oversold when something is oversold meaning everyone is selling you need toBe buying at that moment it's very difficult to do that because of human emotion which is why in this video I'm going to give you the two simple steps for you to buy directly before the parabolic top okay and this strategy has worked so far in bitcoin's entireHistory and we're going to be looking at it for this coming Market cycle so now you've got the rank correlation index up you understand that there are three distinct lines we are not going to be playing much with the blue line today we're going to be really focused on thisRed line and in particular the red line in relationship to the green line we'll get to that a little bit more in a moment but let's draw our attention to the bottom of the screen we're about to set up our second index and this one is called the Traders Dynamic index andEssentially what you want to do is go to the indicators Tab and type in Traders Dynamic index GM and it's going to come up and you're going to click on this one right here from one now you click on that once you're going to get it upClick on the gear icon go to inputs make sure you have these distinct settings as well as these Styles including thickness Etc on each one and we will have the chart look exactly like I have here today so now you've got your monthly chart up you got your rank correlationIndex and the Traders Dynamic index so the Traders Dynamic index it looks a little bit crazy right there's a lot going on I'll explain it very very simply the Traders Dynamic index focuses on two main things number one it's looking at the relationship between the volatility of the market how volatileThe market is versus the strength of the market now once we combine these three things we can understand how to invest right before parabolic top we understand what is overbought versus oversold and then we have to understand the volatility of the market how the tile the market is and then the strength ofThe market is the strength of the market relative to the volatility are they in line or are they going opposite directions and we have to understand how these pair together so that we can use a strategy to enter the market before a parabolic Top now if you enter theMarket before a parabolic run-up you're going to be able to invest at that moment in Bitcoin or any altcoin right the market at this point is prime now can you go to coin market cap and invest in the nine thousandth rank coin I don't recommend it I recommend you play withThe top 50 maybe top 75 but that's that's pushing it a little bit but I would really recommend you stay in the top 20 to play it more safe it just depends on your risk profile if you want less risk of playing the Top 10. If youWant a little bit more risk playing the top 30. if you want to be really risky playing the top 75 but with risk comes loss alright so it depends where you want to be but this strategy is going to dominate right so here's how it worksWe've got it set up precisely like this and it happens in two steps now keep in mind we are in 2016 we had a market cycle High we had a very large downfall in price into a bear Market we built a beautiful base at the bottom of the bearMarket with our first bottom here and our second bottom here and we had just come out and I'm going to teach you how to invest here before a parabolic run that same strategy would have had you invest here directly before this massive parabolic run here and it happens in TwoSteps step one you're gonna look at the rank correlation index and you need these two steps to be true at the same time that's how simple this strategy is if you have one step that says yes and the Second Step says no you can't buy ifYou have the first step say yes and the Second Step say yes then you can buy now keep in mind this is not Financial advice I'm not your financial advisor but this is a very powerful strategy step number one is you need this red line to be above the green so forExample back here could we have bought back here no our red line was not above the green oh Steve how come we can't buy back here wouldn't that be better yeah in retrospect that would be better but the market wasn't aligned yet again we got to look at the volatility of theMarket the strength of the market in overbought oversold and combine those three with no false signals we don't want any false signals so the market came up with this red line above the green right here right now what we need to be true at the same time is we needThe bottom of our screen with the Traders Dynamic index we need that red line to be above the Orange Line okay so we're looking at the red line here and the red line here at the top of your screen you need the red line above theGreen at the bottom of our screen we need the red headline above the orange if both are true at that moment you can enter the market so we could have entered as early as this candle but it really became abundantly clear with this candle okay so that told us hey theMarket the strength is in a very good position the volatility is about to pick up in a very very large way and we are oversold meaning is it probably a good time to enter the market okay so at that moment that was the time to enter we hadA yes with step number one are we about is our red line above the green and step number two is our red line above the orange okay now when we fast forward to 2020 let's take a look and then we're going to examine where we are currentDay and how close we are to our parabolic top which will help you invest into whatever you would like to in cryptocurrency but let's fast forward to 2020. step number one is our red line above the green we got a red line above the green right around here okay stepStep number two is our red line above the orange at the bottom of the screen it happened right here we got our red line above the orange but we didn't have two yeses yet so we could not have bought yet we had a yes at the bottom ofOur screen we did not have a yes at the middle of our screen we need two yeses which case in point let's look here could we have entered the market here well right here with price we did not have this red line above this green lineAnd we did not have this red line above the orange so when you look at it it eliminates these false signals that come into the market it lets you buy in right before the parabolic top boom here we had the red line finally get above theGreen line and here the red line was above the Orange Line okay both have to be yes at precisely the same time now let's examine what's happening present day with crypto and when we can anticipate this coming we have one yes we have the red line above the greenOkay so this this is our first yes what we are waiting for is for this red line to get above the orange right now we're not quite there we're almost in the middle of these two now keep in mind this band at the bottom this Trader's Dynamic index if you guys are familiarWith the Bollinger Bands it's very similar to Bollinger Bands and that it creates this channel for us to understand the strength in terms of its volatility and how those are correlating together right so what we're waiting for is this red line to get above the orangeTo signal to us that a parabolic run is coming okay we're not quite there I will keep you updated this is the strategy to follow for the remainder of this year and next year share this with everybody who you know is in crypto share it inYour chat groups share it in the forums drop a thumbs up hit the Subscribe button and I'll see you right back here in the next video peace and love to the fellow underdogs you want less stress and more success success in crypto click this video right now