RE: BTC update 25.09.17 - proof for all the non believers that EW does indeed work...

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BTC update 25.09.17 - proof for all the non believers that EW does indeed work...

in bitcoin •  8 years ago 

Thank you for your comments. A lagging indicator that shows deep oversold levels can say that while price can go a bit lower, it's not time to be selling but rather time to be buying. That combined with EW, entries can be laddered.

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Let see which one of you is right hehe
Currently still in consolidation, we should see a move soon.

Haejin but if we see the weekly MACD we are heavily oversold... I am not sure what does that means... Im new to trading

Will udpate the macd weekly tonight.