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RE: The key support is broken
A few days back BTC was above the key dynamic support provided by the 13 weeks WMA and all my projections at the time have been built assuming that it will hold. But since it didn't, now it became a pretty strong resistance. Furthermore, in corrections the market tend to oscillate between 3 major WMAs. So, since 13 weeks WMA gave up the next one - i.e. 34 weeks WMA will be in line to take charge.
@SREZZZZ my first steemit post, directed to you, my old friend. I've learnt the error in my ways about the validity of T.A and I wanted to reach out to thank you for the all the time you put in to helping everyone on the board. I've been tryin myself here and there, but you're the man and I wanted to reach out with some good vibes for ya ol friend. Best to you dude ;)
Thank you Dally for your kind words. Happy trading and tons of profit to you!
Any chance of you coming back to CC, or at least for a guest post?
Sorry, but I have very limited time even for this blog.
Thank you, Srezz
Hi Srezz! What do you think about the market now? Will the BTC correction continue? Thanks
I gave the target of this bounce from the lower $9K in my Market Update - 13 week WMA which currently is @$ 13107 (Bitfinex). Everything else will rise together with BTC just with different velocity.
so far so right :) thanks a lot