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asianwhales
Apr 30, 2019 3:01 AM

Datadash was right about the McGinley Dynamic on Bitcoin Long

Bitcoin / United States DollarCoinbase

Description

Today in a Video posted on datadash's youtube video he stated there would be two options. The McGinley Dynamic indicator is consolidating BTC where both points meet which should be in a couple days. This will allow a trend toward either the upside or downside which he did not know what would happen earlier with not a lot of buy volume.The first option is that Bitcoin would trend upward on the McGinley Dynamic indicator which could see $6000 my the second week of May. Judging by the Volume Flow Indicator we can see a nice cross starting to form which could trend toward the upside. The second suggestion is that we could see a large pullback in the long term by the summer down to $3100. In my opinion this won't happen. Things are looking toward a long here. Any comments and valid discussion are wonderful. God Bless you Namaste.
Comments
Salmin
Beautiful analysis. It will go up or it will go down. Where else can it go? lol useless
asianwhales
@Salmin, Personally I believe this is a long.
asianwhales
@Salmin, So what do you think now?
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