Short

we broke 50 MA and got rejected by it

By luissjp

Updated

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

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that weak didnt happen in coinbase

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100Ma didn't hold I think newer target could be 200MA or the 78 retracement 197 , that holds support original uptrend from from 6feb

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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.

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testing 100MA , see if we break the resistence or bounce down to test the resistence again

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we did bounce back to test resitence again, new idea.

luissjp

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