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BTCUSD - Bitcoin approaching the first Centerline
Bitcoin
Long
BTCUSD - Bitcoin approaching the first Centerline
By Tr8dingN3rd
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Updated
Jul 24, 2018
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Jul 24, 2018
We see two opposing forces.
The orange A/R lines and the white Fork.
The orange dashed Centerline will be first resistance.
But the good news is, that if price can manage to jump above the orange Centerline, then the next target is the white Centerline.
And once above the white Centerline, stage #3 is the orange U-MLH (Upper-Medianline-Parallel).
This is a natural way how Bitcoin comes to live again, producing swinging volatility which we can trade with simple rules.
Happy harvesting §8-)
P!
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Happy learning & earning.
Jul 24, 2018
Comment
Target 1 reached.
Now let's see if BTC can jump and stay above the Centerline.
Aug 1, 2018
Comment
Letting come down and buy more
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