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MissingAnderson
Aug 11, 2018 11:38 AM

BTC Long Term Pitchfork Trend Long

Bitcoin Liquid IndexBrave New Coin

Description

Currently I am expecting a mean reversion, sub 5k feels almost certain upon viewing this chart. I have used a line chart instead of bars in order to keep this clean. But all 3 pivots to this pitchfork are anchored to significant wicks (you just can't see them).
If it is looking like price will hold above the mean I will look for a long term entry to hold for at least at least a decade.
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