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Felix000
Apr 27, 2019 12:08 PM

3 months up in a row (see green blocks) Where next? Education

Bitcoin / DollarBitfinex

Description

3 days till end of month but does it matter ? Does 3 months up in a row mean the bottom is in ? Was the rise strong enough ? NOT ADVICE DYOR

Here is the weekly with Stochastic RSI

Here is the monthly

Comment

Copy from my latest post

Buy Bitcoin using as timing signal VIX Volatility S&P 500 (SPX)

Using VIX Volatility S&P 500 (SPX) 20 MA Monthly as timing signal to buy bitcoin Mark 1st month turns up. Mark following month when SPX bar red Mark same Bitcoin when bar is red - purple horizontal is stop loss & break above blue confirms buy NOT ADVICE DYOR

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Could we see a fourth green candle in May ?

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7 Month MA could be useful for retrace

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Update. Based on last three A B C breakouts $8,900 was lowest target. Now got to see whether we'll also get the 1;2 pattern i.e. will June exceed high of May. Not impossible. Keep eye on 7 Month MA, & c. $5,690 for pullback like A B C. NOT ADVICE. DYOR.
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