WicktatorFX

BITCOIN - Bullish until 50K is Broken

BITSTAMP:BTCUSD   比特币
For bitcoin we can see that the daily moving average has been respected many times. As for as the ascending black trendline goes, sometimes corrections get bigger and go beyond trendlines. For this, I'm looking at the daily moving average as it holds more value.

Also, the correction we're in looks like an ABC parallel bull flag. Keeping a close eye on this!

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Goodluck and trade safe!

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