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RE: Lesson 21 - Using Elliot Wave, Fibonacci, And Extensions To Obtain Targets - Feb 11 BTC TA Summary

in #bitcoin • 7 years ago

@philakonecyrpto ... excellent depiction of Elliot Wave & Fibonacci retracement. I wanted to know what your yellow & red moving-average lines were, are these the 9 or 20 day moving averages?

Followed, Upvoted & Resteemed... Keep up the good videos & BTC price analysis.

7 years ago in #bitcoin by
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     7 years ago 

    Thanks for the kind words. They are all exponential moving averages (sometimes called moving average exponential in other charts). I use 4 of them, I use the fibonacci numbers:
    8, 13, 21, and 55.
    Cheers :)

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