BitcoinLong
BTC - you are all looking at it the wrong way - Log scale rules
As can be seen in the chart, BTC has been rising linearly on the log scale chart in 2017.
at the 6k dip we retested this trendline and are now hugging two trendlines that are keeping us down.
The bull flag line lines up perfectly with this point as does the second downtrending line. We are now at the decision point. breaking up here means we are out of the downtrend.
at the 6k dip we retested this trendline and are now hugging two trendlines that are keeping us down.
The bull flag line lines up perfectly with this point as does the second downtrending line. We are now at the decision point. breaking up here means we are out of the downtrend.
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.