BTCUSD - Bitcoin approaching the first Centerline
We see two opposing forces.
The orange A/R lines and the white Fork.
The orange dashed Centerline will be first resistance.
But the good news is, that if price can manage to jump above the orange Centerline, then the next target is the white Centerline.
And once above the white Centerline, stage #3 is the orange U-MLH (Upper-Medianline-Parallel).
This is a natural way how Bitcoin comes to live again, producing swinging volatility which we can trade with simple rules.
Happy harvesting §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
The orange A/R lines and the white Fork.
The orange dashed Centerline will be first resistance.
But the good news is, that if price can manage to jump above the orange Centerline, then the next target is the white Centerline.
And once above the white Centerline, stage #3 is the orange U-MLH (Upper-Medianline-Parallel).
This is a natural way how Bitcoin comes to live again, producing swinging volatility which we can trade with simple rules.
Happy harvesting §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
Comment:
Letting come down and buy more
Now let's see if BTC can jump and stay above the Centerline.