CryptoKnee

BTC pitchfork and channel Fan boy update 9apr2019 @cryptoKnee

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
One worked out, one...not so much, if we head back down will be interesting to see if the downward PF and or channel come back into play...getting mighty close to that median line ...and we all know what andy says about price action near the median line ...
What did Andy say?
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@depinz,

for the low price of 1 eth i will tell you lol...jk

Median Line Trading Principle 1: When a Median Line is drawn from the most recent swings the price should return to the Median Line approximately 80 percent of the time.

Median Line Trading Principle 2: When the price returns to the Median Line there often will be a pivot made on the Median Line.

Median Line Trading Principle 3: When the price returns to the Median Line the price often will form several small swings around the Median Line and touch the Median Line more than once before moving on.

Median Line Trading Principle 4: If the price does not reach the Median Line, the price moves in the opposite direction more than the previous swing size.
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depinz CryptoKnee
@CryptoKnee, Awesome, thanks!
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