chris_bailey

Bitcoin's 'Hard Forks'

Long
BITSTAMP:BTCUSD   Bitcoin
This is a thread looking to tell the story of Bitcoin's swings with Modified Schiff Pitchforks (aka 'Hard Forks' because they are tricky to understand and explain for TA beginners). This is a bit of fun, but there is some serious TA in there as well. These tools are legit and I recommend spending some time learning geometry techniques like these, or not... whatever you like.
I'm looking for price to break above the median line (ML), but a conservative target is a re-rest of the ML.

Should we break below the lower median line parallel, I might have to reconsider the options in the very short term.

Crypto analyst and trader

I was asked to share my PiNetwork profile to help people join if they want to, so here it is: minepi.com/daxtrader
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