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mortonpeak
Dec 13, 2017 10:53 PM

relax a little bit, BTC is growing on-trend 

Bitcoin / United States DollarCoinbase

Description

With this pitchfork defining a channel for growth, it is following it nicely. It's just that it is slower than the trend's SMA/mean. This pitchfork acts as a micro-trend, or trend-within-a-trend, steering upward. Since we continue to break thresholds I am less fascinated with fib retracements, damn the torpedoes.
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