klugook

Andrew's fork on BTCUSD macro daily chart

BITFINEX:BTCUSD   Bitcoin
This shows some interesting interaction with Andrews fork .

We can see that last november we crossed the midline and went all the way up to 48k until plummeting down to see the midline again.

After this we fuelled on forward until finally reentering the golden channel and losing the midline. After this we had a prolonged period of trying to get back into the green zone, slowly retaking channels until we now are bordering the midline again. I am curious to see how this midline will interact with price when we break it again.

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