Description
⋅ we broke 50MA that was holding the rally since february and got rejected by it.
next target 230 (100 MA)
Trade closed: target reached
⋅ the target reached the weak in bitstamp went quite low, so probably will be continuation, rigth know 100MA is holding Comment
⋅ that weak didnt happen in coinbase Comment
⋅ 100Ma didn't hold I think newer target could be 200MA or the 78 retracement 197 , that holds support original uptrend from from 6feb Comment
⋅ other option is to be supported by previous resitence before we started the parabolic move. early to sy, either 210 or 197 , could be bounce areas. Comment
⋅ testing 100MA , see if we break the resistence or bounce down to test the resistence again Comment
⋅ we did bounce back to test resitence again, new idea.